Chapter 3 - Money and Credit

Here is the Study Material for Economics in Chapter 3 - Money and Credit.

I. VERY SHORT ANSWER TYPE QUESTIONS
01. Define Barter System?
Ans. Barter refers to the direct exchange of goods and services. In this way, barter system refers to that system by which one commodity is exchanged for another without use of money.

Chapter 4 - Globalisation and the Indian Economy

This is a Study Material for CBSE Boards in Economics Chapter 4 - Globalisation and the Indian Economy

 

I. VERY SHORT ANSWER TYPE QUESTIONS

01. What is Globalisation?
Ans. Globalisation means opening up the economy to facilitate its integration with the world economy.