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Which of the following statements are true about guilds and corporate bodies in ancient India? Choose…

History · Negotiating the Sources UGC NET June 2025 History
Which of the following statements are true about guilds and corporate bodies in ancient India? Choose the correct answer from the options given below.
  • 1. Shrenis were handicraft guilds
  • 2. Jetthakas were heads of guilds or corporate bodies
  • 3. The chief trader was called Setthi
  • 4. Karyachittakas were groups of merchants
  • 5. The Puga was a council of merchants
A1, 2 and 3 only ✓ Correct
B2, 3 and 4 only
C1, 2, 4 and 5 only
D1, 3 and 4 only
Correct answer: (A) 1, 2 and 3 only — The correct statements are 1, 2 and 3 only.
Explanation
The correct statements are 1, 2 and 3 only.
Shrenis were handicraft guilds.
Jetthakas were the heads of guilds or corporate bodies.
The chief trader was called Setthi.
The Karyachintakas were the chief officers appointed within a guild, not merely groups of merchants, so the fourth statement is wrong.
The Puga was a corporate association of a town or village rather than simply a council of merchants, so the fifth is not counted here.

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