Authentic Past Paper Standard Evaluation
Which one of the following was a corporation of merchants in ancient India?
Solution & Analysis
Answer: D
Concept
Trade in South India was organized through powerful self-governing guilds or corporations. These entities managed long-distance commerce and maintained their own military and legal codes.Explanation
Inscriptions from the Chola and Pandya periods describe 'Manigramam' and 'Nanadesi' as influential merchant guilds that operated across South India and Southeast Asia.Logical Breakup
Logic 1: Manigramam was a guild of merchants involved in both local and maritime trade.
Logic 2: Other terms in the options refer to different entities: Chaturvedimangalam (Brahmin settlements), Parishad (assembly of elders), and Ashtadiggaja (poets in Vijayanagara).