Q. Consider the following statements regarding Gupta economic system:
1.Feudalism as an institution began to take root during this period.
2.It has an effective guild and overseas trade system.
Which of the statements given above is/are correct?
Answer: C
Notes:
Explanation: Gupta’s economy featured a strong central government, bringing many kingdoms under its hegemony.
- Feudalism as an institution began to take root during this period.
- With an effective guild system and overseas trade, the Gupta economy boomed.
Source: Tamil Nadu NCERT
