Correct Answer - Option 3 : Sacrifice (Bali)
The correct answer is Sacrifice(Bali).
In the early Vedic period the king collected taxes regularly from his subjects.
- The taxes were called Bali and consisted of 1/6 the agricultural produce or cattle for a given person.
- The king, according to Rig Veda, was only entitled to receive Bali from his subjects, which was due to him for the protection granted to his subjects.
- Manusmriti mentioned ‘Bali’ first as a religious offering, and then as a tax on religious performances.
- Kautilya used the term Bali as one of the sources of revenue from the Kingdom.
- Bali primarily means ‘an oblation, a gift or offering (usually religious)’.
- Another form of ‘Bali’ was tributes extracted from conquered enemies by the king.
