History · Ancient Indian Economy - Guilds (Shrenis)
With reference to Shrenis (guilds) in ancient India, consider the following statements: I. They functioned as organized associations of artisans or traders engaged in similar occupations. II. Some large guilds possessed the capacity to maintain armed contingents for protection of trade routes. III. Their activities were entirely free from state regulation and royal taxation. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I, II and III
- 2II and III only
- 3I and III only
- 4I and II only✓
Correct answer
I and II only
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