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Trade & Economy

8 questions in Ancient History.

Asked in 2026, 2023, 2020, 2012, 2011, 1999, 1997, 1995

2026 · Q13Ancient HistoryTrade & Economymoderate

Consider the following statements : I. Pali texts contain the first definite references to coins, e.g., kahapana, nikkha, kamsa, and kakanika. II. The literary evidence from Pali texts is corroborated by archaeological evidence of punch-marked coins from many sites, most of them made of silver. The above statements have been associated with which of the following ? 1. Emergence of urban life 2. Transition to money economy Select the answer using the code given below :

  1. (a)1 only
  2. (b)2 only
  3. (c)Both 1 and 2
  4. (d)Neither 1 nor 2
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Official answer(c) Both 1 and 2

2012 · Q82Ancient HistoryTrade & Economymoderate

With reference to the guilds (Shreni) of ancient India that played a very important role in the country's economy, which of the following statements is/are correct? 1. Every guild was registered with the central authority of the State and the king was the chief administrative authority on them. 2. The wages, rules of work, standards and prices were fixed by the guild. 3. The guild had judicial powers over its own members. Select the correct answer using the codes given below :

  1. (a)1 and 2 only
  2. (b)3 only
  3. (c)2 and 3 only
  4. (d)1, 2 and 3
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Official answer(c) 2 and 3 only

2011 · Q56Ancient HistoryTrade & Economymoderate

India maintained its early cultural contacts and trade links with Southeast Asia across the Bay of Bengal. For this pre-eminence of early maritime history of Bay of Bengal, which of the following could be the most convincing explanation/explanations ?

  1. (a)As compared to other countries, India had a better ship-building technology in ancient and medieval times
  2. (b)The rulers of southern India always patronized traders, brahmin priests and buddhist monks in this context
  3. (c)Monsoon winds across the Bay of Bengal facilitated sea voyages
  4. (d)Both (a) and (b) are convincing explanations in this context
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Official answer(c) Monsoon winds across the Bay of Bengal facilitated sea voyages