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Consider the following statements.1. Money also acts as a convenient unit of account2. The value of all goods and services can be expressed in monetary units3. It is difficult to carry forward one’s wealth under the barter systemWhich of these statements are correct?a)1 and 2 Onlyb)2 and 3 Onlyc)All of themd)1 and 3 OnlyCorrect answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements.1. Money also acts as a convenient unit of account2. The value of all goods and services can be expressed in monetary units3. It is difficult to carry forward one’s wealth under the barter systemWhich of these statements are correct?a)1 and 2 Onlyb)2 and 3 Onlyc)All of themd)1 and 3 OnlyCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements.1. Money also acts as a convenient unit of account2. The value of all goods and services can be expressed in monetary units3. It is difficult to carry forward one’s wealth under the barter systemWhich of these statements are correct?a)1 and 2 Onlyb)2 and 3 Onlyc)All of themd)1 and 3 OnlyCorrect answer is option 'C'. Can you explain this answer?.

Solutions for Consider the following statements.1. Money also acts as a convenient unit of account2. The value of all goods and services can be expressed in monetary units3. It is difficult to carry forward one’s wealth under the barter systemWhich of these statements are correct?a)1 and 2 Onlyb)2 and 3 Onlyc)All of themd)1 and 3 OnlyCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

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