Explanation:



A group of merchants following the same trade is known as a Shreni.

Shreni is a Sanskrit word which means a group of people following the same occupation or profession.

It was a common feature in ancient India, where people of the same profession would come together to form a guild or association to regulate their trade and protect their interests.

These guilds were responsible for setting quality standards, fixing prices, and resolving disputes among members.

Shrenis were prevalent in various fields such as agriculture, trade, and crafts. Individuals belonging to the same shreni were considered to be like-minded individuals and shared common goals and aspirations.

Shrenis were also instrumental in the development of the Indian economy. They played a significant role in trade and commerce, and their activities helped to create a stable economic environment that benefited both merchants and consumers.

Shrenis were also responsible for promoting innovation and creativity in their respective fields. Members of the shreni would share their knowledge and expertise, and this led to the development of new techniques and methods that helped to improve the quality of products and services.

Overall, shrenis played an essential role in the social, economic, and cultural life of ancient India. They were an integral part of the Indian society and contributed significantly to its growth and development.

Shreyni is a hindi word which means a group of people doing the same business,task or operation.