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Question

In the Vedic period, the people called Panis were _______.

A
Those who controlled trade
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B
Cattle breeders
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C
Cowheads
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D
Ploughmen
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Solution

The correct option is A Those who controlled trade
There was a class of merchants called ‘Pani’ who controlled the trade. References to “ganas” or corporations and the “sreshthins” clearly speak of the formation of guilds or corporations for facilitating trade and commerce.

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