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History Optional PYQ Master Pack · Model answer

Trace the role of guilds and trade organisations in the development of early Indian economy.

  • UPSC 2015
  • Regional States during Gupta Era

The shreni, or guild, was the institution through which people in ancient India who shared an occupation or craft and resided in one locality organised themselves collectively — and tracing its trajectory from Mauryan-era state oversight to the far freer, financially sophisticated bodies of the post-Mauryan centuries shows an institution moving steadily from being an…

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What the full answer covers

  • The Mauryan Phase: Guilds Under a Watchful State
  • Expansion After the Mauryas (c. 200 BCE – c. 300 CE)
  • General Economic Functions
  • Bank-Like Functions

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