HISTORY
ANCIENT INDIA
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It prescribes the duty of a king
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It describes the then economic life of the country
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It lays down the principles of politics
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It highlights the need for financial reforms
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Detailed explanation-1: -The foundations of management in organization are revealed from the Arthashastra, which can provide guidance to present managers and leaders of organizations. In his Arthashastra, Kautilya takes an inside-out approach to management, which is self management first before management of every other thing.
Detailed explanation-2: -It includes books on the nature of government, law, civil and criminal court systems, ethics, economics, markets and trade, the methods for screening ministers, diplomacy, theories on war, nature of peace, and the duties and obligations of a king.
Detailed explanation-3: -Kautilyas Arthashastra provides an insight into the ancient Indian anthology of political wisdom, theory, and the art of statecraft. It is one of the major political and strategic treatises that constitute a collection of timeless concepts.
Detailed explanation-4: -A most important aspect of Arthashastra was public welfare even in an autocratic agrarian state. Arthashastra is composed in brief statement form called sutras in 15 books, 150 sections, 180 chapters and 6000 verses. The state was an institutional necessity for the development of the public.