Stepwise 'Evolution of money' is

A. Stone, leaves, animals
B. Copper coin
C. Digital Currency
D. Barter System
E. Paper Currency

Choose the correct answer from the options given below:

D, A, B, E, C

The stepwise 'Evolution of money' can be summarized as follows:

1. Barter System (D): The exchange of goods and services directly without involving money. This system had limitations, such as the need for a double coincidence of wants.

2. Commodity Money (A): The use of commodities with intrinsic value, such as stones, leaves, or animals, as a medium of exchange.

3. Metallic Money (B): The use of metals like copper or other precious metals as a medium of exchange, leading to the creation of coins.

4. Paper Currency (E): The use of paper notes backed by the authority of the government or a central bank as a medium of exchange.

5. Digital Currency (C): The latest evolution, involving digital or virtual forms of currency that exist only in electronic form, not in physical form.

So, the correct sequence is:D, A, B, E, C

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