Barter System

Q. How are agricultural goods traded?

Q. In which of the following cases, things can be traded?

1. Hitesh and Ali decided to exchange 1kg rice for one earthen pot.
   
2. Jamshed wishes to get two popcorn packet in exchange of 1 chocolate, but his friend wishes to give only one popcorn packet.
   
3. Harish wishes to give 12 bananas in exchange of 12 apples, but his friend disagrees.
   
4. Poor Abhijeet thanked his friend Rohit for donating blood for his baby's treatment.
   

Q. Which among the following is a drawback of the barter system?

1. Valuvation of goods may not be properly estimated.
2. Availability of required commodities may not be properly met.
3. Certain goods might not have enough internal demand.
4. All the above.

Q. Which of the following case is an example of a barter system?

1. Chetan took Pranay's pen without asking him.
   
2. Manish bought five notebooks for a poor boy, and the poor boy gave ten rupees to Manish as a gesture of thanks.
3. Venkatesh happily gifted a newly made leather shoes in exchange for a nylon bag.
   
4. Gopalan felt very happy to give new clothes to the poor.
   

Q. Which of the following is an example of the barter system?

1. Matthew wants to exchange his clothes with his twin brother, but he doesn't wish to exchange.
   
2. Anurag wants ten packet of chips in exchange for the one chocolate bar that he has, but his friend does not wish the same.
   
3. Matthew agress to give Anurag his clothes and is happy to receive the chocolate bar in return.
4. Gia pays ninety rupees to a barber for a hair cut.
   

Q. Ray was not a pawnbroker. Why then did he lend money to people in exchange for their old watches and clocks?

Q. A person who has rice in surplus will exchange with a person has got cloths in surplus. This system is an example for-----------

1. Exchange system
2. Currency system
3. Barter System
4. Trade system