Question 4 - MCQ Questions (1 Mark) - Chapter 3 Class 10 Economics - Money and Credit - Economics

Which one of the following was not a traditional form of money?

(A) Grains

(B) Paper notes

(C) Cattle

(D) Gold coins

Answer: 

So, the correct answer is (B) - Paper Notes.

Explanation

Let’s check all the options

• (a) Grains were used as a traditional form of money since the very early ages. So this is not the correct option.
• (b) Paper notes are a modern form of money . So this is the correct option.
• (c) Cattle were used as a traditional form of money from a very early age. So this is not the correct option.
• (d) Gold coins were used as a  traditional form of money from a very early age. So this is not the correct option.