Q. Consider the following:

1. Flintstones
2. Obsidian
3. Tiger's paws
4. Whale's teeth
5. Dogs teeth

Which of the above items were of high intrinsic value before introduction of money?
Answer: All of the above
Notes: The difficulties of barter system were overcome by the introduction of money. In the olden times, before paper and coin currency came into being, rare objects with very high intrinsic value served as money, like, flintstones, obsidian, cowrie shells, tiger's paws, whale's teeth, dogs teeth, skins, furs, cattle, rice, peppercorns, salt, small tools, copper, silver and gold.

This question is part of UPSC Daily 20 MCQ Series Course on GKToday Android app.