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Consider the following statements:
  • Statement I: The Mauryan Empire's economy was significantly advanced by the appointment of 27 superintendents to regulate various sectors, including agriculture, trade, and mining.
  • Statement II: The economic regulations under the Maurya administration hindered the growth of private enterprise and led to the empire's economic stagnation.
Which one of the following is correct in respect of the above statements?
  • a)
    Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I
  • b)
    Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I
  • c)
    Statement-I is correct but Statement-II is incorrect
  • d)
    Statement-I is incorrect but Statement-II is correct
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements: Statement I: The Mauryan Empires ec...
Explanation:

Statement I:
- The Mauryan Empires economy indeed benefited from the appointment of 27 superintendents to regulate various sectors like agriculture, trade, and mining.
- These superintendents helped in streamlining economic activities, ensuring fair practices, and maximizing revenue for the empire.

Statement II:
- However, it is not entirely accurate to say that the economic regulations hindered the growth of private enterprise and led to economic stagnation.
- While some regulations may have restricted certain aspects of private enterprise, they also helped in maintaining stability, preventing exploitation, and promoting overall economic development.

Correct Answer:
- Therefore, in this case, Statement I is correct as it highlights the positive impact of economic regulations under the Maurya administration. However, Statement II is incorrect as it oversimplifies the situation and fails to acknowledge the broader benefits of these regulations.
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Community Answer
Consider the following statements: Statement I: The Mauryan Empires ec...
  • The establishment of superintendents to oversee critical economic sectors was indeed a forward-thinking approach by the Mauryan government to regulate and stimulate economic activities across the empire.
  • There is no substantial evidence suggesting that these regulations stifled private enterprise or directly led to economic stagnation. Instead, such measures likely contributed to the overall economic management and stability of the empire. The decline of the Mauryan Empire is attributed to a complex interplay of factors, where economic policy as described may not have been a direct cause.
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Consider the following statements: Statement I: The Mauryan Empires economy was significantly advanced by the appointment of 27 superintendents to regulate various sectors, including agriculture, trade, and mining. Statement II: The economic regulations under the Maurya administration hindered the growth of private enterprise and led to the empires economic stagnation.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-Ib)Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-Ic)Statement-I is correct but Statement-II is incorrectd)Statement-I is incorrect but Statement-II is correctCorrect answer is option 'C'. Can you explain this answer?
Question Description
Consider the following statements: Statement I: The Mauryan Empires economy was significantly advanced by the appointment of 27 superintendents to regulate various sectors, including agriculture, trade, and mining. Statement II: The economic regulations under the Maurya administration hindered the growth of private enterprise and led to the empires economic stagnation.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-Ib)Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-Ic)Statement-I is correct but Statement-II is incorrectd)Statement-I is incorrect but Statement-II is correctCorrect answer is option 'C'. Can you explain this answer? for Bank Exams 2024 is part of Bank Exams preparation. The Question and answers have been prepared according to the Bank Exams exam syllabus. Information about Consider the following statements: Statement I: The Mauryan Empires economy was significantly advanced by the appointment of 27 superintendents to regulate various sectors, including agriculture, trade, and mining. Statement II: The economic regulations under the Maurya administration hindered the growth of private enterprise and led to the empires economic stagnation.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-Ib)Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-Ic)Statement-I is correct but Statement-II is incorrectd)Statement-I is incorrect but Statement-II is correctCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Bank Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements: Statement I: The Mauryan Empires economy was significantly advanced by the appointment of 27 superintendents to regulate various sectors, including agriculture, trade, and mining. Statement II: The economic regulations under the Maurya administration hindered the growth of private enterprise and led to the empires economic stagnation.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-Ib)Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-Ic)Statement-I is correct but Statement-II is incorrectd)Statement-I is incorrect but Statement-II is correctCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Consider the following statements: Statement I: The Mauryan Empires economy was significantly advanced by the appointment of 27 superintendents to regulate various sectors, including agriculture, trade, and mining. Statement II: The economic regulations under the Maurya administration hindered the growth of private enterprise and led to the empires economic stagnation.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-Ib)Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-Ic)Statement-I is correct but Statement-II is incorrectd)Statement-I is incorrect but Statement-II is correctCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Bank Exams. Download more important topics, notes, lectures and mock test series for Bank Exams Exam by signing up for free.
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