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With reference to 'Shrenis'(guilds), which were associations formed by crafts persons and merchants, consider the following statements:
1. They find reference in Mandasore stone inscription.
2. They provided training, procured raw material and distributed the finished product.
3. They also served as banks.
Which of the statements given above is/are correct?
  • a)
    1 and 2 only
  • b)
    1 and 3 only
  • c)
    3 only
  • d)
    1, 2 and 3
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
With reference to 'Shrenis'(guilds), which were associations f...
  • Many crafts persons and merchants formed associations known as shrenis. They provided training, procured raw material and distributed the finished product. They also served as banks, where rich men and women deposited money. This was invested, and part of the interest was returned or used to support religious institutions such as monasteries.
  • Mandasor stone inscription (Madhya Pradesh) provides insights into nature of theseshrenis.
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With reference to 'Shrenis'(guilds), which were associations f...
  • Many crafts persons and merchants formed associations known as shrenis. They provided training, procured raw material and distributed the finished product. They also served as banks, where rich men and women deposited money. This was invested, and part of the interest was returned or used to support religious institutions such as monasteries.
  • Mandasor stone inscription (Madhya Pradesh) provides insights into nature of theseshrenis.
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With reference to 'Shrenis'(guilds), which were associations f...
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With reference to 'Shrenis'(guilds), which were associations formed by crafts persons and merchants, consider the following statements:1. They find reference in Mandasore stone inscription.2. They provided training, procured raw material and distributed the finished product.3. They also served as banks.Which of the statements given above is/are correct?a)1 and 2 onlyb)1 and 3 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?
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With reference to 'Shrenis'(guilds), which were associations formed by crafts persons and merchants, consider the following statements:1. They find reference in Mandasore stone inscription.2. They provided training, procured raw material and distributed the finished product.3. They also served as banks.Which of the statements given above is/are correct?a)1 and 2 onlyb)1 and 3 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to 'Shrenis'(guilds), which were associations formed by crafts persons and merchants, consider the following statements:1. They find reference in Mandasore stone inscription.2. They provided training, procured raw material and distributed the finished product.3. They also served as banks.Which of the statements given above is/are correct?a)1 and 2 onlyb)1 and 3 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to 'Shrenis'(guilds), which were associations formed by crafts persons and merchants, consider the following statements:1. They find reference in Mandasore stone inscription.2. They provided training, procured raw material and distributed the finished product.3. They also served as banks.Which of the statements given above is/are correct?a)1 and 2 onlyb)1 and 3 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?.
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