Correct Answer: (e) Both (c) & (d)
Solution:Sreni, in the context of Ancient India, was an association of traders, merchants and artisans. Nagaram was local as- sociation of merchants conducting commercial activities, The Nanadesis and Manigrama were a guild of traders who organised themselves into one of the biggest of the trading association at the time of the Hoysala empire. They developed significant trade contact with many areas, including foreign countries.