Before coins were introduced, Indians used which items as money?
AGrains and cattle
BShells and beads
CSilk and spices
DGold and silver
Answer & Solution
Correct answer: A. Grains and cattle
1. Metallic coins of gold, silver and copper came later.
2. Grains and cattle served as money.
3. Punch-marked coins may be 2,500 years old.
_Source: syllabus Understanding Economic Development, Chapter 3, Money and Credit._
Keep practising Indian Economy
Browse all Indian Economy questions for UPSC CSE, or explore more Economics topics.