Question

State whether the sentence is true(T) or false(F).
Shrenis also served as banks where rich men and women deposited money.

• A. True
• B. False

Answer 1

The correct option is A True

The associations of crafts persons and merchants were known as shrenis. Shrenis also served as banks where rich men and women deposited money. The shrenis of merchants organized the trade and shrenis of craft persons gave training, obtained raw material, and distributed the completed product.