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Money and Types of Money · UPSC CDS/OTA · Question 51 of 90

Money and Types of Money: Barter system failed mainly due to

Step-by-step solution. Money and Types of Money for UPSC CDS/OTA.

Topic
Money and Types of Money
Subject
General Studies
Difficulty
moderate
Solve Time
45-60 sec

Solved UPSC CDS/OTA Question

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Q · Money and Types of Moneymoderate · 45s

Barter system failed mainly due to:

TopicMoney and Types of Money
Question Typemultiple choice
Difficultymoderate
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

The complete worked solution.

Every step explained - no skipped algebra.

Barter required mutual wants, which was impractical in complex economies.

Final Answer: Option A - Lack of double coincidence of wants
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Barter system failed mainly due to - Money and Types of Money (General Studies) Solved Question