UPSC Prelims 1997·GS1·history·ancient history

Which one of the following was a corporation of merchants in ancient India?

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Last updated 23 May 2026, 3:31 pm IST
  1. AChaturvedi Mangalam
  2. BParishad
  3. CAshtadikgaja
  4. DManigramaCorrect

Explanation

The correct answer is D because Manigrama was a prominent guild or corporation of merchants that flourished in South India during the ancient and medieval periods. These guilds played a crucial role in local and maritime trade, often enjoying royal patronage and maintaining their own rules for commerce. The other options are incorrect for the following reasons: Chaturvedi Mangalam refers to a village settlement granted to Brahmins who were well versed in the four Vedas. Parishad was an assembly of learned scholars or an advisory council that deliberated on religious and social laws. Ashtadikgaja refers to the eight legendary poets who adorned the court of King Krishnadevaraya of the Vijayanagara Empire.
history: Which one of the following was a corporation of merchants in ancient India?

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