SSC GD 2019 PYQ — Question 36

SSC GD Constable (English) - 15 Feb 2019 Shift 2 • General Awareness • Q36

"Double coincidence of wants" is a feature of which system?

Show answer & explanation

Correct answer: B

Explanation

The correct answer is option 2 i.e. Barter system.

  • "Double coincidence of wants" is a feature of the barter system.
  • It is an economic phenomenon where two parties each hold an item the other wants, so they exchange these items directly without any monetary medium.