Foundation of Business

. The maritime routes linked the _____ and the ____ by sea and were used for the trade of spices and known as ‘spice route’.

• East , West

• North, South

• Europe , India

• China, India

Indigenous banking system played a prominent role in ancient time in

• lending money and financing domestic and foreign trade with currency and letter of credit

• depositing money , lending money , locker , banking facility

• lending money and financing domestic trade with currency and letter of credit, along with deposit of precious metals

• lending money and financing domestic and foreign trade with currency , along with deposit of precious metals

_______ and _______ were important components of the economic life of ancient people.

• Agriculture,the domestication of animals

• Agriculture ,trading

• Agriculture , domestication and trading

• none of these

Skilled artisans worked and converted raw materials into finished goods which were high in demand that time in _____.

_______was particularly valued in the Roman Empire and was known as ‘Black Gold’.

Which of the following is not the correct option with respect to Exports carried out by India

• —hides, skin, furs, horns, tortoise shells, pearls,

• horns, tortoise shells, pearls, sapphires, quartz, crystal,

• horns, tortoise shells, pearls, sapphires, quartz, crystal,

• horns, tortoise shells, tin, copper, lead

The country was often referred to as ________ in the writings of many travellers, such as Megasthenes, Faxian

The British empire began to take roots in India in the

• early 18th century

• mid – 18th century.

• late 18th century

India relied heavily on borrowings from foreign sources and finally, agreed to economic liberalisation in ____

The Government of India started programs and campaign such as ‘Make in India’, Skill India’, ‘Digital India’ in ___.