A few statements with respect to the Bengal economy after the Company had become the Diwan are given. Pick out the one that is not applicable to the Bengal economy.
(a) The Bengal economy thrived and progressed.
(b) Artisanal production and agricultural cultivation showed signs of collapse
(c) The artisans started deserting villages as they were forced to sell their goods to the Company at low prices
(d) Peasants were unable to pay the dues that were being demanded from them
Answers
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Answer:
Option a is not applicable to the bengal economy.
Explanation:
because they did not thrive and there was no progress.
Answered by
2
(a) The Bengal economy thrived and progressed is not applicable to the bengal economy.
Explanation:
- On 12 August 1765, the Mughal emperor appointed the East India Company as the Diwan of Bengal and apart from the Bihar and Orissa.
- Diwani Rights were accepted by Robert Clive. As Diwan, the Company became the chief financial administrator (taxes, revenue) of the territory under its control.
- They came as traders and slowly acquired the power of controlling the administrative powers. Robert Clive won the battle of Buxar and defeated the Nawabs. This was a great achievement.
- The Company needed to structure its revenue resources and administrate the land. It had to be done in a way that would generate enough money to cover the company's rising expenses.
- The company had become the Diwan, but it still saw itself primarily as a trader. The effort was to increase the revenue and buy silk and fine cotton as cheaply as possible.
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