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What were the limitations of the barter system?
The RBI is the only legal source that prints and distributes paper currency in India. To prevent illegal printing of notes and their misuse, the RBI has introduced many security features. Find out what some of these measures are and discuss them in class.
What were the salient features of ancient Indian coins?
Match the Following
(Match Column A with the correct option in Column B)
|
Column A |
Column B |
|
1. Democracy |
(a) A government by religious leaders |
|
2. Monarchy |
(b) A government where people elect representatives |
|
3. Oligarchy |
(c) A form of government where a king or queen has full power |
|
4. Theocracy |
(d) A form of government where a small group controls power |
|
5. Direct democracy |
(e) A system where all citizens make laws directly |
Match the Following
(Match Column A with the correct option in Column B)
|
Column A |
Column B |
|
1. Double coincidence of wants |
(a) A form of money used in ancient India |
|
2. UPI |
(b) Money can be stored for future use |
|
3. Karshapanas |
(c) Two parties need exactly what the other wants |
|
4. Store of value |
(d) A system for transferring money digitally |
|
5. Barter system |
(e) The exchange of goods and service directly |
Why a copper rod cannot be charged by friction, if held by hand?
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