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Class 7 Social Science Chapter 1 From Barter to Money MCQ Practice

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Chapter 1From Barter to Money
158 MCQsFocused chapter practice
DescriptionQuick chapter overview
SyllabusTopics covered clearly

Understand From Barter to Money in Class 7 Social Science through structured MCQ practice. Improve factual recall, interpretation and understanding of people, places and society, improve accuracy and prepare effectively for assessments.

This chapter traces the development of exchange from barter to money. Students learn why barter had limits, how money solved many exchange problems, and how economic systems become more efficient and organized through common mediums of exchange.

Sample Chapter MCQs

Showing 10 sample questions from this chapter.

01 Social Science
Which option correctly fills the blank? For example, the coins of the ______ had a Varaha image (avatar of Viṣhṇu) on one side and decorated three-tiered parasol on the other.
A Economic Life Around Us
B Money The
C Chalukyas
D From Barter
02 Social Science
According to the chapter, complete the statement: ______ if there are two people who want each other’s goods and are also willing to make an exchange, other issues could arise — in what proportion should the two goods be exchanged?
A Economic Life Around Us
B Even
C Money The
D From Barter
03 Social Science
Choose the correct completion: ______ sells seasonal fruit on a cart.
A From Barter
B Economic Life Around Us
C Money The
D Krishnappa
04 Social Science
Fill in the blank: For ______, you might swap your exciting jungle adventure book for a friend’s mystery story.
A example
B importance
C present
D between
05 Social Science
Assertion: Prices help compare the value of different goods. Reason: Money provides a common measure for exchange.
A Both Assertion and Reason are true and Reason correctly explains Assertion
B Both Assertion and Reason are true but Reason does not correctly explain Assertion
C Assertion is true but Reason is false
D Assertion is false but Reason is true
06 Social Science
Assertion: Barter never faces matching problems. Reason: Direct exchange often needs both sides to want what the other offers.
A Both Assertion and Reason are true and Reason correctly explains Assertion
B Both Assertion and Reason are true but Reason does not correctly explain Assertion
C Assertion is true but Reason is false
D Assertion is false but Reason is true
07 Social Science
According to the chapter, complete the statement: “ Is it not interesting that variations of the word ‘paṇa ’ continue to be used in ______, Telugu, and Malayalam as paṇaṁ and in Kannada as ‘haṇa’ for money?
A Money The
B From Barter
C Tamil
D Economic Life Around Us
08 Social Science
Which option correctly completes the idea below? ______ notes of Bank of Bengal (Left) and Ten rupee note from Bank of Bombay (Source:RBI) Fig.
A Economic Life Around Us
B Uniface
C From Barter
D Money The
09 Social Science
Select the correct answer: Now, ______ your ox for a pair of shoes would hardly be a fair exchange!
A swapping
B between
C present
D importance
10 Social Science
According to the chapter, complete the statement: ______: the common tool that everybody accepts and uses in order to make or receive payments in exchange for goods and services.
A Money
B Economic Life Around Us
C From Barter
D Money The
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