With reference to the guilds (Shreni) of ancient India that played a very important role in the country's
economy, which of the following statements is/are correct?
- 1. Every guild was registered with the central authority of the State and the king was the chief administrative authority on them.
- 2. The wages, rules of work, standards and prices were fixed by the guild.
- 3. The guild had judicial powers over its own members.
Select the correct answer using the codes given below :
