What were Shrenis? What function did they perform?in 100 words
Answers
Answer:
Shrenis were associations of crafts persons and merchants. The shrenis of crafts persons performed various functions. They provided training, procured raw material and distributed the finished product. Then came shrenis of merchants who organised the trade. Shrenis also performed the role of banks where rich men and women deposited money.
Answer:
Shrenis were associations of crafts persons and merchants. The shrenis of crafts persons performed various functions. They provided training, procured raw material and distributed the finished product. Then came shrenis of merchants who organised the trade. Shrenis also performed the role of banks where rich men and women deposited money.
Unions developed by several crafts-persons and merchants were recognized as Shrenis. There were several functions performed by these Shrenis. The Shrenis helped crafts-person by providing them with technical training, regulated trade ventures, supported in getting raw materials, assisted in selling products and functioned as banks where wealthy people could invest or save their money. Moreover, it provided the members of the association with loans for their trading purposes.
Explanation:
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