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Introduction to Banking

Which of the ...

Question

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

A

Buying a pair of jeans for ₹1200

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B

Trading a football for a jersey

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C

Ted exchanging a cookie with Manu for a sticker.

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D

Ria gives her pretty seashell in exchange for a frisbee.

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Solution

The correct option is A
Buying a pair of jeans for ₹1200

Barter system does not involve money. It only involves trading of goods and services.

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