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Question (31)

QN0024372

Which statement best explains why coins of powerful rulers were accepted in many kingdoms?

(A) They were the lightest coins.
(B) They made trade across different regions easier.
(C) They were made only of silver.
(D) They could be used only within one kingdom.

Correct Answer: B

Explanation:

Widely accepted coins facilitated trade across different kingdoms.

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Question (32)

QN0024373

A merchant has 96 annas. According to the old Indian currency system, how many rupees does he have?

(A) 4 rupees
(B) 5 rupees
(C) 6 rupees
(D) 8 rupees

Correct Answer: C

Explanation:

96 ÷ 16 = 6 rupees.

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Question (33)

QN0024374

Which of the following was NOT commonly used to mint ancient Indian coins?

(A) Gold
(B) Silver
(C) Copper
(D) Plastic

Correct Answer: D

Explanation:

Ancient coins were made from metals such as gold, silver, copper, and their alloys.

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Question (34)

QN0024375

A customer pays ₹2,850 using a debit card from a bank balance of ₹10,000. What is the remaining balance?

(A) ₹7,050
(B) ₹7,150
(C) ₹7,250
(D) ₹7,350

Correct Answer: B

Explanation:

₹10,000 − ₹2,850 = ₹7,150.

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Question (35)

QN0024376

Which feature of ancient coins helped historians learn about rulers, religion, and culture?

(A) Their weight only
(B) Their colour only
(C) The symbols and motifs engraved on them
(D) Their circular shape only

Correct Answer: C

Explanation:

Symbols and motifs on coins provide important historical information.

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Question (36)

QN0024377

A student arranges the evolution of money as: Barter → Metal Coins → Paper Currency → Debit Cards → UPI. Which statement is correct?

(A) The sequence is completely correct.
(B) Paper currency should come after UPI.
(C) Barter should come after metal coins.
(D) Debit cards came before paper currency.

Correct Answer: A

Explanation:

This follows the broad timeline of the evolution of money.

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Question (37)

QN0024378

A shopkeeper receives ₹12,500 through QR code payments. He spends ₹4,750 on goods and ₹2,250 on electricity and rent. How much money remains?

(A) ₹5,250
(B) ₹5,500
(C) ₹5,750
(D) ₹6,000

Correct Answer: B

Explanation:

Total expenditure = ₹7,000. Remaining = ₹5,500.

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Question (38)

QN0024379

Which of the following best describes digital money?

(A) Money made only of paper
(B) Money in electronic form used for transactions
(C) Gold coins issued by rulers
(D) Goods exchanged through barter

Correct Answer: B

Explanation:

Digital money exists electronically and is used for making payments.

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Question (39)

QN0024380

A trader has ₹25,000 in his bank account. He receives ₹8,600 through net banking and later pays ₹11,450 using UPI. What is his final bank balance?

(A) ₹21,950
(B) ₹22,050
(C) ₹22,150
(D) ₹22,250

Correct Answer: C

Explanation:

Final balance = ₹25,000 + ₹8,600 − ₹11,450 = ₹22,150.

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Question (40)

QN0024381

Which of the following best explains the evolution of money?

(A) Each new form of money developed to make transactions easier and more convenient.
(B) Every new form of money completely replaced all earlier forms immediately.
(C) Coins are no longer accepted anywhere.
(D) Digital money can be used only for international transactions.

Correct Answer: A

Explanation:

Money has evolved over time to make transactions faster, safer, and more convenient while older forms may still continue to be used.

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Question (31)

Which statement best explains why coins of powerful rulers were accepted in many kingdoms?

Explanation:

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Question (32)

A merchant has 96 annas. According to the old Indian currency system, how many rupees does he have?

Explanation:

Link:

Question (33)

Which of the following was NOT commonly used to mint ancient Indian coins?

Explanation:

Link:

Question (34)

A customer pays ₹2,850 using a debit card from a bank balance of ₹10,000. What is the remaining balance?

Explanation:

Link:

Question (35)

Which feature of ancient coins helped historians learn about rulers, religion, and culture?

Explanation:

Link:

Question (36)

A student arranges the evolution of money as: Barter → Metal Coins → Paper Currency → Debit Cards → UPI. Which statement is correct?

Explanation:

Link:

Question (37)

A shopkeeper receives ₹12,500 through QR code payments. He spends ₹4,750 on goods and ₹2,250 on electricity and rent. How much money remains?

Explanation:

Link:

Question (38)

Which of the following best describes digital money?

Explanation:

Link:

Question (39)

A trader has ₹25,000 in his bank account. He receives ₹8,600 through net banking and later pays ₹11,450 using UPI. What is his final bank balance?

Explanation:

Link:

Question (40)

Which of the following best explains the evolution of money?

Explanation:

Link:

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