Why Did the Jati Class System Survive for So Many

question 59

Multiple Choice

Why did the jati class system survive for so many centuries?

• A) Indian society could not function without it.
• B) It served as a denunciation of any form of welfare.
• C) It provided an identity for individuals in a highly hierarchical society where they could always find someone lower in status
• D) Indian society could not untangle class status from religious beliefs.
• E) It was embraced and reinforced by each succeeding ruler.

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Definitions:

Future Value

The amount of money an investment is expected to grow to over a period at a specified rate of interest or return.

Interest Factors

Mathematical factors used to calculate the future or present value of cash flows based on an interest rate.

Compound Interest

Interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.

Reinvested Interest

Reinvested interest is the compounding of interest by adding the payments back to the principal amount instead of paying it out, thereby increasing the total interest earned over time.