Question : Which of the following was a significant feature of the economy during the Gupta period?
Option 1: Extensive trade with Rome
Option 2: Decline in urban centers
Option 3: Flourishing of guilds
Option 4: Heavy reliance on barter system
Correct Answer: Flourishing of guilds
Solution : The Gupta period saw the flourishing of guilds, which were associations of merchants or artisans that controlled much of the economic activity.