Q1 A Explan of 25 Page 131

Choose the correct answer:

Certain metals like _________ (gold / iron) were used as a medium of exchange in ancient times.


Certain metals like GOLD were used as a medium of exchange in ancient times.


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1

Choose the correct answer:

The Head Quarters of the RBI is at __________ (Chennai / Mumbai).


 1 C

Choose the correct answer:

International trade is carried on in terms of __________ (US Dollars / Pounds).


 1 D

Choose the correct answer:

The currency of Japan is YEN (Yen/ Yuan)


 2 A

Fill in the blanks

__________ System can be considered as the first form of trade.