In which form of exchange are goods used as medium of…

Question

In which form of exchange are goods used as medium of exchange?

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Question & Answer (English)

In which form of exchange are goods used as medium of exchange?

  1. Barter exchange — Correct Answer
  2. Currency exchange
  3. Credit exchange
  4. Online exchange
Explanation:

The correct answer is Barter exchange. In a barter system, goods are directly exchanged for other goods without the use of money as a medium.

  • This system relies on the "Double Coincidence of Wants," meaning both parties must have what the other wants.
  • For example, a farmer giving wheat to a shoemaker in exchange for shoes.

प्रश्न एवं उत्तर (हिंदी)

विनिमय के किस रूप में वस्तुओं का उपयोग विनिमय के माध्यम के रूप में किया जाता है?

  1. वस्तु विनिमय (Barter exchange) — सही उत्तर
  2. मुद्रा विनिमय (Currency exchange)
  3. साख विनिमय (Credit exchange)
  4. ऑनलाइन विनिमय (Online exchange)
स्पष्टीकरण:

सही उत्तर वस्तु विनिमय (Barter exchange) है। यह एक बहुत पुरानी प्रणाली है।

इसे आसान भाषा में समझें: जब पैसे का आविष्कार नहीं हुआ था, तो लोग चीजों के बदले चीजें बदलते थे। जैसे अगर आपके पास चावल है और आपको जूते चाहिए, तो आप मोची को चावल देकर उससे जूते ले सकते हैं। इसे ही Barter System कहते हैं।

  • इसमें 'मुद्रा' (पैसे) का इस्तेमाल नहीं होता।
  • इसके लिए 'आवश्यकताओं के दोहरे संयोग' (Double Coincidence of Wants) का होना जरूरी होता है।

📚 About this Topic — General Awareness

This multiple choice question is from General Awareness, General Awareness (2024), General Awareness (2024)-4, SSC CGL Tier-1 (PYQs). It has 4 options with a detailed explanation of the correct answer and is available in both English and Hindi (द्विभाषी). Practice more MCQs from General Awareness to strengthen your preparation.

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