Which of the following contributed in the development of trade and commerce in ancient India?
a) Evolution of money
b) Use of weights and measures
c) Development of indigeneous banking system
d) All of the above
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Answers
Answer:
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Answer:
Option (D) is correct.
All of the above following contributed to the development of trade and commerce in ancient India.
In ancient India, trade, and commerce developed in the following ways:
- Auxiliaries to commerce include banking, communication, transportation, and advertising. Trade comprises the purchasing and selling of goods.
- Examine how the Indian subcontinent's indigenous financial system has evolved. a gadget that provides raw materials to manufacturers, allowing them to create more.
- By taking on the risk of international commerce, intermediaries provided financial protection to producers.
- Spices were also exported along with the spice trade from India to the west. In exchange for gold and silver, all of these goods were sent to other countries.