Q. Consider the following statements:
1. The Mehrauli Iron Pillar in the Qutb Minar Complex in Delhi belongs to Gupta period.
2. The sarthavaha was a caravan trader who carried his goods to different places for profitable sale while Sresti was usually settled at a particular place.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C
Notes:

The most important and visible evidence of the high stage of development in metallurgy is the Mehrauli Iron Pillar of King Chandra in the Qutb Minar Complex in Delhi, identified with Chandragupta II.  

  • This monolith iron pillar has lasted through the centuries without rusting. It is a monument to the great craftsmanship of the iron workers during the Gupta period.  
  • Coin casting, metal engraving, pottery making, terracotta work and wood carving were other specialised crafts. 
  • The contribution of traders to the soundness of the Gupta economy is quite impressive. Two distinctive types of traders called sresti and sarthavaha existed.  
  • Sresti was usually settled at a particular place and enjoyed an eminent position by virtue of his wealth and influence in the commercial life and administration of the place.  
  • The sarthavaha was a caravan trader who carried his goods to different places for profitable sale. 

Source: Tamil Nadu state board.