Barter System

Q.

Which of the following is an example of bartering?

1. Trading a cup of oil for a cup of pulses

2. Trading ₹ 5 for a chocolate bar with your friend

3. Donating ₹ 2000 for charity

4. Buying a candy floss at a supermarket for Rs 20

Q. Meera made 204 candles to sell in the market. She makes packets of 6 candles. How many packets will she make?

Q. The term numismatics refers to the ___ of banknotes and coins.

1. study
2. exchange rate
3. collection
4. denomination

Q. A shopkeeper gives some groceries to the person who helps him in his shop. This is an example of ______.

1. money
2. gift
3. barter
4. sharing

Q.

Who have given the idea of making the road?

Q. In a barter system, a farmer can exchange crops and grains with the butcher's meat.

1. True
2. False

Q. Exchanging goods or services for other goods or services without using money is called the system.

1. barter
2. money
3. currency
4. charity

Q. The system where people exchanged services and good for other services and goods in return is called as ______

1. Barter
2. Banking
3. Donation
4. Monitisation

Q. Five litres of milk can be exchanged for one old book. How much milk can you get for four old books?

Q. In a barter system, one stone axe was exchanged for 2 sacks of wheat. How many sacks of wheat one can get in exchange for 6 axes?

1. 10
2. 12
3. 14
4. 16

Q. A barter system is a method of

1. gifting
2. charity
3. exchange

Q.

Nancy is knitting a jumper.For the yarn, she has to choose from 5 colours and 2 weights.How many different jumpers can nancy knit?

Q. A shopkeeper gives some groceries to the person who helps him in his shop. This is an example of ______.

1. money
2. gift
3. barter
4. sharing

Q. Which of the following items cannot be a part in barter system?

1. Meat
2. Blankets
3. Money
4. Tools

Q.

Zuben trades his goods for Andy’s services.This is an example of ___ system.

1. Exchange

2. None of these

3. Barter

4. Money

Q. Ted trades his cryons for baseball cards. This is an example of system.

1. money
2. barter
3. economic

Q. Two kids exchanged toys and colored pencils among themselves. This act is ________.

1. gifting
2. sharing
3. the barter system
4. giving loan

Q. Roger went to a shop and bought chocolates for fifty rupees. This is called a barter transaction.

1. True
2. False

Q. Given the table below:

No. of Songs	$1$	$3$	$5$	$7$	$9$
Practice time(hours)	$7$	$21$	$35$	$49$	?

How much time (hours) is required to practice $9$ songs?

1. $55$
2. $59$
3. $63$
4. $67$

Q. Which of the following does not come under the barter system?

1. Buying toys from a shop.
2. Getting chocolates in return for hard work.
3. Exchanging two pencils for a red pen.
4. Exchanging your tablet with the phone to play games.

Q. Meera gave a bowl of rice to Lisa without taking anything from her in return. This is called Barter.

1. False
2. True

Q. Barter is a method of _____.

1. exchange
2. gifting
3. lending money
4. collecting antiques

Q. A shopkeeper gives some groceries to the person who helps him in his shop. This is an example of ______.

1. money
2. gift
3. barter
4. sharing

Q.

Bartering means to ___.

1. Share

2. Trade

3. Borrow

4. None of these

Q.

A system in which goods and services are exchanged for other goods and services is called the ___ system.

1. Currency
2. Barter
3. Token
4. Donation

Q.

Which of the following is not an example of Barter system?

1. Trading a football for a jersey

2. Buying a pair of jeans for ₹1200

3. Ted exchanging a cookie with Manu for a sticker.

4. Ria gives her pretty seashell in exchange for a frisbee.

Q.

Ted trades his crayons with his friend for a dozen baseball cards. This is an example of ___ system.

1. Money

2. Barter

3. Economic

4. Currency

Q.

There was a sale of 50 tonnes of wheat for December shipment. The seller shipped 40 tonnes in December and 10 tonnes in January first week. Would the buyer be entitled to reject the whole 50 tonnes?

Q.

Exchanging goods or services for other goods or services without using money is called _____.

1. Money system

2. Barter system

3. Exchange system

4. None of these

Q. How many cows are required to collect 95 L of milk?

1. 4
2. 7
3. 6
4. 5