Question: With reference to the guilds (Shreni) of ancient India that played a very important role in the country’s economy, which of the following statement(s) is /are correct?
- Every guild was registered with the central authority of the state and the king was the chief administrative authority on them.
- The wages, rules of work, standards and prices were fixed by the guild.
- The guild had judicial powers over its own members. Select the correct answer using the codes given below.
Options:
A) 1 and 2
B) Only 3
C) 2 and 3
D) All of these
Show Answer
Answer:
Correct Answer: C
BETA
