Discover Ancient Indian Coinage

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Questions and Answers

What is the study of coinage in history called?

  • Economics
  • Anthropology
  • Numismatics (correct)
  • Archaeology

During which period can the beginning of ancient Indian coinage be traced?

  • 3rd millennium BCE to 7th Century BCE
  • 2nd millennium BCE to 5th Century BCE
  • 1st millennium BCE to 6th Century BCE (correct)
  • 4th millennium BCE to 8th Century BCE

What was used by the Harappans for trade and mercantile activities?

  • Paper money
  • Metals like silver of fixed weight (correct)
  • Barter system
  • Gold coins

What was the disadvantage of the barter system?

<p>The price of commodity could not be fixed (C)</p> Signup and view all the answers

What method was evolved to overcome the problem of fixing commodity prices in trade?

<p>Using a common intermediate commodity in all transactions (C)</p> Signup and view all the answers

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