Consider the following statements with refrence to economy in the Vedic period 1 It was sustained by...........

Ancient and Medival History Pre Mauryan Period

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Consider the following statements with refrence to economy in the Vedic period:

1. It was sustained by a combination of pastoralism and agriculture.

2. War bounty was also a major source of wealth.

3. Barter using cattle as a unit of currency.

Select the correct answer using the code given below?

1 and 2

1 and 3

2 and 3

All of the above

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Explanation:

Economy in the Vedic period was sustained by a combination of pastoralism and agriculture. There are references, in the Rigveda, to the leveling of fields, seed processing, and storage of grains in large jars. War bounty was also a major source of wealth. Economic exchanges were conducted by gift giving, particularly to kings (bali) and priests (dana), and barter using cattle as a unit of currency. While gold is mentioned in some hymns, there is no indication of the use of coins. Metallurgy is not mentioned in the Rigveda, but the word ayas and instruments made from it such as razors, bangles, axes are mentioned. One verse mentions purification of ayas. However, philological evidence indicates that ayas in the Rigveda refers only to copper and bronze, while iron or syama ayas, literally "black metal", first is mentioned in the post-Rigvedic Atharvaveda, and therefore the Early Vedic Period was a Bronze Age culture whereas the Late Vedic Period was an Iron Age culture.