"Financial Administration is not new to India”. comment

Question

22 Jan 2025

Answer :

Word Count : 291

Financial administration in India is not a new concept; it has evolved over centuries, adapting to the changing political, social, and economic environments. In the ancient period, financial administration was largely handled by rulers and local chieftains. The Mauryan Empire, for instance, had a well-organized financial system that included a tax collection mechanism, central treasury, and a clear record-keeping process for revenues. Similarly, during the Mughal period, the revenue system was highly ______ ______ __________ ____ ____ _________ ____ _______ _____ _______ __________ ___.
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