Q. With reference to the economic conditions during the Mughal period, consider the following statements:
1.Indigo and sericulture were important commercial crops during the Mughal era.
2.Hundi was a type of warehouse used by traders to store goods while travelling across the empire.
Which of the statements given above is/are correct?
Quarterly-SFG-Jan-to-March
Red Book

[A] Only 1

[B] Only 2

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: A
Notes:

Explanation:

  • Indigo (used for dyeing) and sericulture (silk production) were key commercial crops during the Mughal period, contributing significantly to trade and exports.
  • Hundi was not a warehouse, but a financial instrument—a letter of credit used to facilitate long-distance trade and the movement of money or goods safely. The term for roadside inns used by traders was sarais, not hundis.

Source: NCERT and History Of Medieval India  – NCERT (Satish Chandra)


Discover more from Free UPSC IAS Preparation Syllabus and Materials For Aspirants

Subscribe to get the latest posts sent to your email.

Blog
Academy
Community