New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of these marketing systems was prevalent in the

    ancient times?
    A Barter system Correct Answer Incorrect Answer
    B Modern system Correct Answer Incorrect Answer
    C European system Correct Answer Incorrect Answer
    D None of these Correct Answer Incorrect Answer

    Solution

    The barter system, where goods and services were exchanged directly without the use of money, was prevalent in ancient times. In this system, people traded goods they had for goods they needed, and there was no standardized medium of exchange like modern currency.

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