alleryRulers granted the guilds the monopoly right to:
AProduce and trade certain goods
BCollect the customs duty owed
CAppoint the mayor of the town
DRaise a militia for the crown
Answer & Solution
Correct answer: A. Produce and trade certain goods
1. Guilds were associations of producers.
2. Rulers granted different guilds the monopoly right to produce and trade in specific products.
3. That monopoly is what shut new merchants out of the towns.
_Source: syllabus Social Science, 'India and the Contemporary World II', Ch 4 'The Age of Industrialisation'_
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