Q. 7 B

Answer the follow

Answer :

The commercial developments in medieval India are mentioned below:

a. India has an extensive network of trade for marketing goods.

b. The village was the basic geographical unit of production, the economy was subsistence with barter as the medium of exchange.

c. The producer produced a surplus amount which he marketed himself in the regional areas.

d. All the different kinds of market co-existed in the country.

e. Big cities were the major commercial centers with bazaars and shops.

f. Interregional trade was promoted by the network of roads. Apart from this, trade through waterways was also promoted. The major ports were Surat, Patna, and Masulipatnam for international and Maritime trade.

g. India was an important part of the maritime trade across the Indian Ocean. It extended from China in the east to Africa in the west. This was due to the geographical location in the middle of the Indian Ocean.

h. The Major ports in Asiatic trade during the 17th century were Masulipatnam in the Golconda Kingdom, Calicut in Kerala, Pulicat in Coromandel coast, etc.

i. India was a major exporter of textiles, paper, precious and semi-precious gems such as diamonds.

j. The European trading companies entertain merchants of India to supply the good that they wanted and to lift the imports which they brought in from Europe.

Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Related Videos
Poverty in IndiaPoverty in IndiaPoverty in India51 mins
Eliminating India's PovertyEliminating India's PovertyEliminating India's Poverty48 mins
Constitution - Formation and ObjectiveConstitution - Formation and ObjectiveConstitution - Formation and Objective63 mins
Kinetic and Potential EnergyKinetic and Potential EnergyKinetic and Potential Energy39 mins
Construction-1Construction-1Construction-145 mins
Elections- Mechanism and TypesElections- Mechanism and TypesElections- Mechanism and Types48 mins
Construction-2Construction-2Construction-244 mins
Probability-2Probability-2Probability-246 mins
People As ResourcesPeople As ResourcesPeople As Resources53 mins
Let's learn about PalampurLet's learn about PalampurLet's learn about Palampur47 mins
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
view all courses