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GS Paper IUPSC Prelims 2020
Medieval Trade & Economy
Question No. 2Interactive Test Mode
00:00
+2-0.66

Q2. Which of the following phrases defines the nature of the ‘Hundi’ generally referred to in the sources of the post-Harsha period?

Which of the following phrases defines the nature of the ‘Hundi’ generally referred to in the sources of the post-Harsha period?

Select the correct option below (or cross out options to eliminate)
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Official Answer Key & Detailed Solution

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Official UPSC Answer KeyUPSC Prelims 2020 • Medieval History

Correct Answer: Option (C) — A bill of exchange

Concept & Option Breakdown

Standard Reference Verified

A 'Hundi' refers to a financial instrument developed in medieval India used as a bill of exchange, credit instrument, or remittance order to facilitate the transfer of money across long distances without physically moving cash. Sources from the post-Harsha period (such as the Lekhapaddhati) mention the use of 'hundika' for transactions by merchants and rulers.

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Question Specifications & Syllabus Mapping

Examination & YearUPSC Civil Services Preliminary Examination 2020 (Q2)
Paper & Marking SchemeGS Paper I • 2 Marks (-0.66 Negative for incorrect response)
Syllabus Subject & TopicMedieval History → Medieval Trade & Economy
Official Answer KeyOption (C) — A bill of exchange

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Frequently Asked Questions — UPSC Prelims 2020 Q2

What is the official answer for UPSC Prelims 2020 GS Paper I Question 2 (Medieval History)?

The official UPSC answer key for this 2020 Medieval History (Medieval Trade & Economy) question is Option (C): "A bill of exchange". Correct attempts carry 2 Marks with -0.66 Negative penalty for wrong answers.

Which UPSC Prelims syllabus topic does this 2020 question belong to?

This question belongs to GS Paper I under the subject "Medieval History" and micro-topic "Medieval Trade & Economy". You can explore all repeated questions from Medieval Trade & Economy in Acme AI's 3D Prelims PYQ Realm or practice 50 full-length and sectional tests in the APT Prelims Test Series.

How can I solve this Medieval Trade & Economy UPSC Prelims question using option elimination?

To solve Medieval Trade & Economy questions in UPSC Prelims, identify extreme modifiers, verify core NCERT conceptual definitions, and eliminate mutually contradictory statement pairs before locking your final option.

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