Consider the following statements about merchant guilds of South India 1 Ayyavole merchant guild was...........

History (NDA) Ancient and Medieval History ( Till 1157)

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Consider the following statements about merchant guilds of South India :

1. Ayyavole merchant guild was originally established in Aihole.

2. Manigraman merchant guild was subordinated to the Anjuvannam merchant guild in the 13th century.

Which of the statements given above is/are correct?

1 only

2 only

Both 1 and 2

Neither 1 nor 2

Explanation:

Ayyavole were a merchant guild from Aihole that provided trade links between trading communities in Tamil Nadu, Karnataka and Andhra Pradesh. They have been mentioned in inscriptions from the 9th century. Aihole was formerly a major city of the Chalukyas of Badami and a place with many temples and brahmans, some of whom seem to have become involved in the trading activities. Manigramam guilds were localized merchant body which first appeared along the Kerala coast in the 9th century A.D and gradually flourished in Tamil Nadu in the Pallava and Chola periods