Which system requires double coincidence of wants? Option 1: Exchange Option 2: Money exchange Option 3: Barter exchange Option 4: Mediation of money

The answer is 'Barter exchange'. View full solution:

CUET Economics - Which system requires double coincidence of wants? | PYQs + Solutions

CUET Economics 2025 14 May Shift 1

Macro

Medium

Exchange

Money exchange

Barter exchange

Mediation of money

✅ Correct Option: 3

Related questions:

30 May Shift 2

Which statement is not true for M3 as a measure of money supply.

CUET Economics 2022 Slot 1

Identify which of the following measures taken by RBI will increase the money supply.

A. Increase in Cash Reserve Ratio

B. Decrease in Cash Reserve Ratio

C. Selling of a government bond

D. Buying of a government bond

E. Decrease in Bank Rate

Choose the correct answer from the options given below:

CUET Economics 2023 Slot 3

When in the Economic, Bank rate decrease, Arrange the following statements relating to change in bank rate in the sequencing order :

(A) Loans taken by commercial bank become cheaper

(B) Increases money supply

(D) Reserves held by commercial banks increases

Choose the correct answer from the options given below :