Question

Which of the following is an example of bartering?

• A. Donating ₹ 2000 for charity.
• B. Buying a candy floss at a supermarket for ₹ 20.
• C. Exchanging a cup of oil for a cup of pulses.
• D. Trading ₹ 5 for a chocolate bar with your friend.

Answer 1

The correct option is C

Exchanging a cup of oil for a cup of pulses.

In a Barter system, only goods and services are exchanged without any involvement of money. Hence exchanging a cup of oil for a cup of pulses is an example of barter system where goods are exchanged . This is an example of Bartering.