The Varna System Developed in Order to Create

question 24

Multiple Choice

The varna system developed in order to create

• A)a uniform legal code in India.
• B)social order between groups.
• C)standardized religious beliefs.
• D)an integrated economic system to aid merchants.
• E)a trained army of citizen soldiers.

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Definitions:

Reserve Requirement

The mandatory percentage of deposits that banks must hold in reserve, either in their vaults or at the central bank, not available for lending.

Government Bond

A debt security issued by a government to support government spending and obligations, typically offering a fixed rate of return.

Money Supply

The comprehensive amount of money assets found in an economy at a noted time.

Checking Accounts

Bank accounts that allow for both deposits and withdrawals, enabling easy access for daily transactions.