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

Question:

Assertion (A): Necessity led to the invention of moneyReason(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)

Answer» d. Both (A) and (R) are true but (R) is not the correct explanation of (A)

Note: The above multiple-choice question is for all general and Competitive Exams in India