Class 7 Social Science Chapter 11: From Barter to Money — practice questions with answers
Free practice for Class 7 Social Science, Chapter 11: From Barter to Money. Try the solved questions below, then take a free test with instant marking and explanations.
27 questions10 easy, 13 medium, 4 hardNCERT · CBSE · State boards
Sample questions with solutions
Q1. Exchanging goods and services without using money is called the ______ system.
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Answer: barter
Why: This is the barter system. [p.230]
Why: This is the barter system. [p.230]
Q2. What is money?
- A common tool everyone accepts to make or receive payments
- Only gold
- Any vegetable
- A bank building
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Answer: A. A common tool everyone accepts to make or receive payments
Why: Money is accepted by all for payments. [p.230]
Why: Money is accepted by all for payments. [p.230]
Q3. Which commodities were used in barter in different parts of the world? (Tick all that apply)
- Cowrie shells
- Salt
- Cattle
- Credit cards
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Answer: A. Cowrie shells; B. Salt; C. Cattle
Why: Cowrie shells, salt, tea, tobacco, cloth, cattle and seeds were used. [p.230]
Why: Cowrie shells, salt, tea, tobacco, cloth, cattle and seeds were used. [p.230]
Q4. Carrying an ox everywhere to trade shows the problem of ______.
- portability
- durability
- divisibility
- value
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Answer: A. portability
Why: Hard-to-carry goods have a portability problem. [p.233]
Why: Hard-to-carry goods have a portability problem. [p.233]
Q5. Who issued coins in ancient kingdoms?
- The rulers
- Anyone who wanted
- Only traders
- Only temples
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Answer: A. The rulers
Why: Minting and issue of coins was controlled entirely by rulers. [p.238]
Why: Minting and issue of coins was controlled entirely by rulers. [p.238]
Q6. Who alone can legally issue currency in India today?
- The Reserve Bank of India (RBI)
- Any bank
- State governments
- Shopkeepers
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Answer: A. The Reserve Bank of India (RBI)
Why: It is not legal for anybody other than the RBI to issue currency. [p.243]
Why: It is not legal for anybody other than the RBI to issue currency. [p.243]
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How many practice questions are there for Class 7 Social Science Chapter 11: From Barter to Money?
27 questions (10 easy, 13 medium, 4 hard). A few are solved on this page; the free test shows the answer and explanation for every question after you submit.
Is this chapter from the NCERT book?
Yes — it follows the NCERT Class 7 Social Science syllabus, used by CBSE and many state boards.