Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
1.7k views
in History by (52.6k points)
closed by

Explain the role of Indian merchant and bankers in the network of export trade.

1 Answer

+1 vote
by (52.4k points)
selected by
 
Best answer

The Indian bankers were involved in providing with the financial needs.

These bankers helped in banking money, transferring necessary funds and financing all the traders.

The traders in India helped in shipping consignments and helping the consumers and buyers with the supplies that were needed.

The merchants traded from Bombay, Calcutta and Madras to the Fertile Crescent, the Middle East and the neighbouring countries of the Indian subcontinent. After this, the businessmen had large amounts of which helped in expanding the business.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...