Which is the most fascinating and unique festival of Assam where the system of quid pro quo comes alive?

The correct answer is Junbeel Mela . Key Points Junbeel Mela is a unique and traditional festival of Assam, which is held every year in the third week of January. This festival is celebrated by the community of Tiwa tribe and it showcases an ancient reciprocal system. In Junbeel Mela, people exchange goods through barter system, in which modern currency is not used. This fair is held in Morigaon district and apart from the Tiwa community, other tribes also participate in it. Junbeel Mela is not only a platform for trade but also cultural programs, traditional dance and music are organized. Additional Information Tiwa tribe The Tiwa tribe is an important tribe of Assam and Meghalaya. They are also known as "Lalung" and the barter system has a special place in their culture. Barter system It is an age old trade system in which goods and services are exchanged without currency. Junbeel Mela is a living example of barter system. Other major festivals of Assam Bhogali Bihu: Harvest festival. Ambubachi Mela: A religious fair held at Kamakhya temple. Rangali Bihu: The biggest and colourful festival of Assam. Name of junbil The name Junbeel is derived from "jun" (moon) and "beel" (lake), as the fair is held near a crescent-shaped lake.