Assertion (A): Necessity led to the invention of money. Reason(R) : Barter system failed to perform the major functions of money. | Faculties

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Mr. Dubey

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📊 General Economics

Q. Assertion (A): Necessity led to the invention of money. Reason(R) : Barter system failed to perform the major functions of money.

(A) (A) is true but (R) is false.
(B) Both (A) and (R) are false
(C) Both (A) and (R) are true and (R) is the correct explanation of (A)
(D) Both (A) and (R) are true but (R) is not the correct explanation of (A)

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✅ Correct Answer: (C) Both (A) and (R) are true and (R) is the correct explanation of (A)

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