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What was used in the Vedic period as a unit of money in the barter system?
Question

What was used in the Vedic period as a unit of money in the barter system?

A.

Arms

B.

Cattle

C.

Copper coins

D.

Silver coins

Correct option is B

The correct answer is (b) Cattle.

  • In the Vedic period, cattle were commonly used as a unit of money and wealth. Cattle were essential for agricultural work, as well as for food and milk, making them highly valuable.

  • The barter system during this time involved exchanging goods or services directly without the use of currency, and cattle served as a major medium of exchange.

Information Booster:

  • Cattle were considered a symbol of wealth and prosperity in ancient Indian society, especially in the Vedic period.

  • The Vedic texts mention the importance of cows and bulls in society, and their role in trade and commerce.

  • Although coins like silver and copper began to emerge later in Indian history, they were not used during the early Vedic period.

Facts about the Vedic Age:

  1. Time Period:

    • The Vedic Age lasted from 1500 BCE to 500 BCE, divided into the Early Vedic (Rigveda) and Later Vedic periods.

  2. Vedas:

    • The Vedas are the oldest sacred texts, consisting of the Rigveda, Yajurveda, Samaveda, and Atharvaveda, composed in Sanskrit.

  3. Social Structure:

    • Society was tribal and patriarchal, with a Varna system (Brahmins, Kshatriyas, Vaishyas, and Shudras), which later evolved into the caste system.

  4. Economy:

    • The economy was agrarian, with cattle used as a form of wealth and in the barter system. Trade and farming were key aspects.

  5. Religion:

    • Polytheistic beliefs, with deities related to natural forces (Agni, Indra, Surya). Yajnas (sacrificial rituals) were central to Vedic religion.

  6. Language:

    • Sanskrit was the primary language, used for religious texts and oral transmission of knowledge.

  7. Political System:

    • Early Vedic society had monarchical rule (Rajas), with tribal republics emerging later.

  8. Education:

    • Education was oral and conducted in Gurukuls (teacher-student system).

  9. Decline:

    • The rise of Buddhism and Jainism around 500 BCE led to the decline of the traditional Vedic system.

  10. Scientific Contributions:

    • Vedic people had knowledge in astronomy, mathematics, and medicine.

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