Which of the following terms in the post-Mauryan administrative lexicon referred to the guild of merchants or artisans?

💡 Solution & Explanation

In the administrative and economic lexicon of post-Mauryan and Gupta India, the term Sreni referred to autonomous guilds or associations of merchants, artisans, and traders. These guilds played a major role in regulating commercial activities, setting prices, and functioning as banks for deposits. Terms like Bali and Bhaga represented ancient agrarian taxes collected from cultivators.