The organisation of merchants was known as ____.

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Detailed Solution

The organisation of merchants was known as Nagaram.
A group of merchants known as the Nagaram extensively participated in the south Indian market during the mediaeval South India. It was essentially an institute of the merchant community with expertise in the areas of trade and industry, particularly in large and small towns. Within the borders of the region they were a part of, they exercised considerable control on trade settlements.

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