18. With reference to 'Shrenis'(guilds), which were associations formed by crafts persons and merchants, consider the following statements:
i. They provided training, procured raw material and distributed the finished Product.
ii. They also served as banks.
Which of the statements given above is/are correct?
18. With reference to 'Shrenis'(guilds), which were associations formed by crafts persons and merchants, consider the following statements:
i. They provided training, procured raw material and distributed the finished Product.
ii. They also served as banks.
Which of the statements given above is/are correct?
The correct option is C (c) Both i and ii
Ans18. C
Explanation:The Shreniswere associations of crafts persons and merchants .They provided training,procured raw material and distributed the finished product. They also served as banks, where rich men and women deposited money.Well documented references to the existing of shreni have been found from 5th century BC, and texts pertaining to Buddhism and Jainism mention existence of shrenis and conversion of entire members of some shrenis to Buddhism or Jainism.
(c) Both i and ii
Ans18. C
Explanation:The Shreniswere associations of crafts persons and merchants .They provided training,procured raw material and distributed the finished product. They also served as banks, where rich men and women deposited money.Well documented references to the existing of shreni have been found from 5th century BC, and texts pertaining to Buddhism and Jainism mention existence of shrenis and conversion of entire members of some shrenis to Buddhism or Jainism.
