Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Money and Banking

Question:
Raghav and Riya are two friends, studying in the same class. Raghav helps Riya with her history project, in return Riya gets Raghav his favourite snacks. What is this kind of an exchange called as?
Options:
Economic System
Barter System
Rational system
None of these
Correct Answer:
Barter System
Explanation:
Exchange of commodities and services.