Q. Which of the following explain the term 'shreni'?
Answer: Guilds or organisation of merchants
Notes: Shreni indicated the guilds or organisation of merchants. During the Later Vedic period the exchange was still via barter system. However Niskha was used as a convenient unit of value although it was not used as a typical currency.

This Question is Also Available in:

हिन्दी

This question is part of 40000+ General Studies MCQ Series Course on GKToday Android app.

Question Number: 11 in 5. Later Vedic Society, Economy, Polity & Religion in above course in App.