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In Buddha's days rough rectan gular coin...

In Buddha's days rough rectan gular coins (546) issued by various economic and political authorities. (547), it was not until the fourth cen tury before Christ that India arrived at a coinage guaranteed by the state. Sher Shah (548) well-designed pieces of copper, silver and gold. In medieval India the growth of industry and com merce was impeded (549) a religious antipathy to the taking of interest. The Indians (550) put out money at usury nor knew how to borrow. When the Hindu (551) not invest his savings in his own economic enterprises he (552) to hoard them, or to buy jewellery as conveniently (553) wealth. Perhaps this failure to develop a facile credit system (554) the industrial revolution to establish the European domination of Asia. Slowly, however despite the (555) of the Brahmans, money-lend ing grew.

A

usable

B

precious

C

hoardable

D

respectable

Text Solution

Verified by Experts

The correct Answer is:
C

hoardable (Adj.)
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