What was the Normal rate of interest on loans during the Guptas period
Q. What was the Normal rate of interest on loans during the Guptas period (a) 20% (b) 25% (c) 10% (d) 15% Ans: (d) 15% Explanation: The correct answer is (d) 15%. During the Gupta period in ancient India, the normal rate of interest on loans was around 15%. This rate of interest was commonly […]
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