Question

Explain the term shreni.
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Answer 1

Shreni indicated the guilds or organisation of merchants.During the Later Vedic period the exchange was still via barter system. However Niskha was used as a convenient unit of value although it was not used as a typical currency.

Answer 2

Answer :— In Ancient India, a shreni (Sanskrit: श्रेणि, romanized: śreṇi or श्रेणी śreṇī, Prakrit: seni) was an association of traders, merchants, and artisans. Generally, a separate shreni existed for a particular group of persons engaged in the same vocation or activity. Shrenis have sometimes been compared with the guilds.

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