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Home/Questions/Match the Following (Match Column A with the corr...

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

Class 7Social ScienceFrom Barter to Money

Verified Answer

Matched Pairs and Explanations:

1 → c: Double Coincidence of Wants means both parties need what the other offers.

2 → d: UPI is a system for transferring money digitally.

3 → a: Kārshāpanas were coins used in ancient India for transactions.

4 → b: Store of value means money can be saved for future use.

5 → e: Barter system is the direct exchange of goods and services.