Multiple choice

Which of the following functions was/were performed by the Srenis (traders unions or guilds) during the Gupta period?

  1. Economic functions
  2. Judicial functions
  3. Executive functions

  1. 1, 2 and 3

  2. Only 1 and 3

  3. Only 1

  4. Only 1 and 2
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A Correct answer
Explanation

During the Gupta period, Srenis (traders unions or guilds) had immense powers. Not only did they perform economic functions but also judicial and executive ones. Some of them even issued seals and coins and had their own militia (called Srenibala, in the Kalachuri inscriptions). Narada and Brihas¬pati smritis lay down the rules for merchants.

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