Q. According to the Nasik inscription of Rishabhadatta, what was the annual rate of interest during the Satavahana period? Answer:
12%
Notes: The Nasik inscription of Rishabhadatta (c. 125–150 CE) states that the rate of interest during the Satavahana period was 12% per annum, illustrating formalized and regulated moneylending in the western Deccan.
