Medieval and Colonial Economic Systems

Medieval Economic Terms: Aurang, Banian, Mirasidar

In Indian history, a 'Banian' was an Indian agent for the East India Company, while a 'Mirasidar' was a designated hereditary landholder and revenue payer. The term 'Aurang' refers to a warehouse or workshop.

Primary Reference: NCERT Class XII: Themes in Indian History - Part III

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With reference to the history of India, consider the following pairs:
1. Aurang: In-charge of treasury of the State
2. Banian: Indian agent of the East India Company
3. Mirasidar: Designated payer to the State Which of the pairs given above is/are correctly matched?

[UPSC CSE Pre 2020]

Detailed Solution & Historical Context

Concept


Understanding the economic vocabulary of Medieval and Early Modern India is crucial to grasping the transition from local trade to the colonial economy. These terms represent various roles in trade, storage, and land ownership.

Authentic Source Evidence


An Aurang is a Persian term for a warehouse where goods are stored before sale. Banians were influential Indian merchants who served as intermediaries or agents for European trading companies. Mirasidars were recognized as hereditary landowners and designated revenue payers under systems like Ryotwari.

Analytical Breakdown


  • Logic 1 (Pair 1): Incorrect. An 'Aurang' is a place (warehouse/workshop), not a person or treasury official.

  • Logic 2 (Pair 2): Correct. Banians were critical 'middle-men' who understood local markets and helped the East India Company conduct business.

  • Logic 3 (Pair 3): Correct. Mirasidars held hereditary rights to land and were the primary contact point for the state to collect land revenue.
  • Conceptual Deep Dive & Logic

    "Why were 'Banians' essential for European merchants?"

    They bridge the gap between foreign traders and local producers, providing capital, market knowledge, and translation services.

    Examiner's Mindset & Pro-Tip

    "Terminologies like Mirasidar reflect the shift from communal land use to individual ownership and state-monitored revenue collection."

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