NCERT Solutions for Class 12 Macro Economics Chapter-3 Money NCERT TEXTBOOK QUESTIONS SOLVED 1. What is Barter system? What are its drawbacks? [3 Marks] Ans:Barter system of exchange is a system in which goods are exchanged for goods. It’s Drawbacks are: Lack of double coincidence of wants.  Lack of divisibility.  Difficulty in storing wealth.  Absence of … [Read more...]