The Dadni system The Mughal Empire saw significant growth in trade and commerce, and the Dadni system was one of the ways that loans were provided to merchants and craftsmen. The system allowed for advance money to be given to craftsmen, who would then prepare goods for traders, with the borrowed money being placed in the form of material on ships leaving for a particular destination. Dadni system became prevalent in medieval India because It gave impetus to both inland and foreign trade. The lender would charge a higher interest rate due to the risk involved in lending money in this manner. Therefore, we can conclude that Dadni system became prevalent in medieval India because It gave impetus to both inland and foreign trade. Kamiyati system Under this system, prevalent in Bihar and Orissa, the people of the Kamiya caste, who used to do farming as agricultural slaves, used to serve their owners throughout their life in exchange for the amount of interest given on the loan receiv...
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