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With reference to Ancient India, which of these roles was played by Shrenis?
1. Shrenis of merchants organized the trade.
2. Shrenis served as banks and accepted deposits.
3. Some Shrenis supported religious institutions.
Select the correct answer using the codes below.
  • a)
    1 and 2 only
  • b)
    2 only
  • c)
    1 and 3 only
  • d)
    1, 2 and 3
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
With reference to Ancient India, which of these roles wasplayed by Shr...
Justification: Many crafts persons and merchants now formed
associations known as shrenis. These shrenis of crafts persons provided
training, procured raw material, and distributed the finished product.
Then shrenis of merchants organised the trade. Shrenis 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.
Q Source: Revision questions: Test 1-2 Syllabus
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With reference to Ancient India, which of these roles wasplayed by Shrenis?1. Shrenis of merchants organized the trade.2. Shrenis served as banks and accepted deposits.3. Some Shrenis supported religious institutions.Select the correct answer using the codes below.a)1 and 2 onlyb)2 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?
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With reference to Ancient India, which of these roles wasplayed by Shrenis?1. Shrenis of merchants organized the trade.2. Shrenis served as banks and accepted deposits.3. Some Shrenis supported religious institutions.Select the correct answer using the codes below.a)1 and 2 onlyb)2 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to Ancient India, which of these roles wasplayed by Shrenis?1. Shrenis of merchants organized the trade.2. Shrenis served as banks and accepted deposits.3. Some Shrenis supported religious institutions.Select the correct answer using the codes below.a)1 and 2 onlyb)2 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to Ancient India, which of these roles wasplayed by Shrenis?1. Shrenis of merchants organized the trade.2. Shrenis served as banks and accepted deposits.3. Some Shrenis supported religious institutions.Select the correct answer using the codes below.a)1 and 2 onlyb)2 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?.
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