3. Throw some light on the results of the Battle of Buxar. How did the assumption of Diwani
of this war benefit the East India Company?
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From Trade to Territory - The Company Establishes Power
The Mughal emperor, in 1765, appointed the Company as the Diwan of the provinces of Bengal. (i)The Diwani allowed the Company to exploit the vast revenue resources of Bengal. (ii)This solved a major problem that the company had earlier faced.
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(i)The Diwani allowed the Company to exploit the vast revenue resources of Bengal. (ii)This solved a major problem that the company had earlier faced. (iii)Although its trade had expanded, it had to buy most of the goods in India with gold and silver imported from Britain.
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