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Which one of the following statements about the trade and commerce in the later Vedic period is correct?
- a)Trade and industry flourished and a class of hereditary merchants came into being.
- b)Merchants were organised into guilds, as appears from references to ganas or corporations and the shreshth ins.
- c)They used Mishka, satamana, and krishnala as the units of value.
- d)All of the above.
Correct answer is option 'D'. Can you explain this answer?
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Which one of the following statements about the trade and commerce in ...
Trade and Commerce in the Later Vedic Period
During the later Vedic period, which spans from 1000 BCE to 600 BCE, trade and commerce flourished in India. Some of the important features of trade and commerce during this period are:
Hereditary Merchants
• A class of hereditary merchants came into being during this period.
• These merchants were known as vaishyas and were engaged in trade and commerce.
Organised Guilds
• Merchants were organised into guilds, as appears from references to ganas or corporations and the shreshthins.
• These guilds were known as shrenis and they regulated trade and commerce in the cities.
• They also provided education and training to the members of the guilds.
• The shrenis were headed by a shreshthin, who was the chief merchant of the guild.
• The shreshthin was responsible for the trade and commerce of the guild and also acted as a mediator between the guild and the king.
Units of Value
• The units of value used during this period were Mishka, Satamana, and Krishnala.
• Mishka was a unit of weight and was equivalent to 16 rattis or 0.97 grams.
• Satamana was a unit of weight and was equivalent to 100 rattis or 6.11 grams.
• Krishnala was a unit of weight and was equivalent to 1/16 Mishka or 0.06 grams.
Conclusion
Thus, trade and commerce played an important role in the later Vedic period. The hereditary merchants and organised guilds facilitated the growth of trade and commerce in the cities. The units of value used during this period were also well-defined, which helped in regulating trade and commerce.
During the later Vedic period, which spans from 1000 BCE to 600 BCE, trade and commerce flourished in India. Some of the important features of trade and commerce during this period are:
Hereditary Merchants
• A class of hereditary merchants came into being during this period.
• These merchants were known as vaishyas and were engaged in trade and commerce.
Organised Guilds
• Merchants were organised into guilds, as appears from references to ganas or corporations and the shreshthins.
• These guilds were known as shrenis and they regulated trade and commerce in the cities.
• They also provided education and training to the members of the guilds.
• The shrenis were headed by a shreshthin, who was the chief merchant of the guild.
• The shreshthin was responsible for the trade and commerce of the guild and also acted as a mediator between the guild and the king.
Units of Value
• The units of value used during this period were Mishka, Satamana, and Krishnala.
• Mishka was a unit of weight and was equivalent to 16 rattis or 0.97 grams.
• Satamana was a unit of weight and was equivalent to 100 rattis or 6.11 grams.
• Krishnala was a unit of weight and was equivalent to 1/16 Mishka or 0.06 grams.
Conclusion
Thus, trade and commerce played an important role in the later Vedic period. The hereditary merchants and organised guilds facilitated the growth of trade and commerce in the cities. The units of value used during this period were also well-defined, which helped in regulating trade and commerce.
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Which one of the following statements about the trade and commerce in ...
Later vedic period trade with east Asia take place, hence trade required industry hence option a is right
later vedic period unit of value mishka satamana and krishnala source also take place
therefore option d is right
later vedic period unit of value mishka satamana and krishnala source also take place
therefore option d is right
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Which one of the following statements about the trade and commerce in the later Vedic period is correct?a)Trade and industry flourished and a class of hereditary merchants came into being.b)Merchants were organised into guilds, as appears from references to ganas or corporations and the shreshth ins.c)They used Mishka, satamana, and krishnala as the units of value.d)All of the above.Correct answer is option 'D'. Can you explain this answer?
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Which one of the following statements about the trade and commerce in the later Vedic period is correct?a)Trade and industry flourished and a class of hereditary merchants came into being.b)Merchants were organised into guilds, as appears from references to ganas or corporations and the shreshth ins.c)They used Mishka, satamana, and krishnala as the units of value.d)All of the above.Correct 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 Which one of the following statements about the trade and commerce in the later Vedic period is correct?a)Trade and industry flourished and a class of hereditary merchants came into being.b)Merchants were organised into guilds, as appears from references to ganas or corporations and the shreshth ins.c)They used Mishka, satamana, and krishnala as the units of value.d)All of the above.Correct 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 Which one of the following statements about the trade and commerce in the later Vedic period is correct?a)Trade and industry flourished and a class of hereditary merchants came into being.b)Merchants were organised into guilds, as appears from references to ganas or corporations and the shreshth ins.c)They used Mishka, satamana, and krishnala as the units of value.d)All of the above.Correct answer is option 'D'. Can you explain this answer?.
Which one of the following statements about the trade and commerce in the later Vedic period is correct?a)Trade and industry flourished and a class of hereditary merchants came into being.b)Merchants were organised into guilds, as appears from references to ganas or corporations and the shreshth ins.c)They used Mishka, satamana, and krishnala as the units of value.d)All of the above.Correct 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 Which one of the following statements about the trade and commerce in the later Vedic period is correct?a)Trade and industry flourished and a class of hereditary merchants came into being.b)Merchants were organised into guilds, as appears from references to ganas or corporations and the shreshth ins.c)They used Mishka, satamana, and krishnala as the units of value.d)All of the above.Correct 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 Which one of the following statements about the trade and commerce in the later Vedic period is correct?a)Trade and industry flourished and a class of hereditary merchants came into being.b)Merchants were organised into guilds, as appears from references to ganas or corporations and the shreshth ins.c)They used Mishka, satamana, and krishnala as the units of value.d)All of the above.Correct answer is option 'D'. Can you explain this answer?.
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