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Question

Which of the following was not used as money?

A
Grains
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B
Gold
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C
Sand
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D
Cattle
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Solution

The correct option is C Sand
Money is a medium of exchange. It acts as an intermediate in the exchange of goods and services. Earlier, cattle and grains were used as money. Later, gold and coins were used as money. In the modern times, money is used both in the physical and virtual forms.

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