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Trade

Which among t...

Question

Which among the following statement is NOT true about guilds?

A

Set prices for commodities

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B

Schedule working hours for labourers

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C

Better the conditions of farmers

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D

Decides the quality of the product

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Solution

The correct option is C Better the conditions of farmers
Guilds are associations formed by traders, blacksmiths, goldsmiths, leather workers and carpenters. They were responsible for reducing working hours, set prices and quality standards.

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