Question

What were the main sources of revenue? How was this money spent?

Answer 1

The main sources of revenue were as under:

• Agriculture was the prime source of revenue.
• Land tax was also one of the source.
• Merchants and traders paid taxes too.
• Craftsmen also paid tax.

This money was utilised for the following purposes:

• to ensure good administration
• give grants
• maintain large scale army consisting of horses, soldiers and chariots