Q10. Consider the following statements related to Rig Vedic Economy.
1. Economy in the Rig Vedic period was primarily agricultural and pastoral.
2. Barter system was existent.
3. The art of Metallurgy was known to the people.
4. The Professions of warriors, priests, cattle–rearers, farmers, hunters, barbers, sewing, weaving, etc are mentioned Rig Veda.
Which of the above statement(s) is/are not correct?
Economy in the Rig Vedic period was sustained by a combination of Pastoralism and agriculture. There are references, in the Rig Veda, to leveling of field, seed processing, and storage of grains in large jars.
War booty was also a major source of wealth. Economic exchanges were conducted by gift giving, particularly to kings (bali) and priests (dana), and barter using cattle as a unit of currency. While gold is mentioned in some hymns, there is no indication of the use of coins.
Panis in some hymns refers to merchants, in others to stingy people who hid their wealth and did not perform Vedic sacrifices. Some scholars suggest that Panis were Semitic traders, but the evidence for this is slim.
Professions of warriors, priests, cattle–rearers, farmers, hunters, barbers, vintners and crafts of chariot–making, cart–making, carpentry, metal working, tanning, making of bows, sewing, weaving, making mats of grass and reed are mentioned in the hymns of Rig Veda. Some of these might have needed full–time specialists.
Metallurgy is not mentioned in the Rig Veda, but the word ayas and instruments made from it such as razors, bangles, axes are mentioned