One of the Biggest Financial Problems of the Later Mauryan

question 23

Multiple Choice

One of the biggest financial problems of the later Mauryan period was the

• A)decision to trade exclusively with China.
• B)issue of high administrative costs and soldier and bureaucrat salaries.
• C)failure to invest in sea trade.
• D)decision to borrow money from Persia at high interest rates.
• E)decision to stop trading with the Persians.

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Definitions:

Commercial Bank

A financial institution that offers services such as accepting deposits, providing business loans, and offering basic investment products.

Over The Counter

A decentralized market, without a central physical location, where traders conduct securities transactions directly between two parties without the supervision of an exchange.

Perfect Hedge

A perfect hedge is an investment position that completely eliminates the risk of another investment through a counterbalancing act, typically through derivatives like options or futures contracts.

Hedger

An individual or entity that enters into contracts such as futures or options to offset the risk of price movements in the commodities or securities markets.