Question

What were shrenis ? What was their function

Answer 1

Many craft persons and merchants now formed Association known as shrenis .

there functions are
the streams of craft person provide training produce raw material and distributed the finished product .

Answer 2

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.