Question

’Bankers and ijardars became an important social group in Awadh, Hyderabad and Bengal .’ Elaborate on the given statement by discussing their role in these states.

Will mark brainliest to the person who gives the correct answer.

Answer 1

The state of Awadh depended on local bankers and mahcyans for loans. It sold the right to collect tax to the highest bidders. These revenue farmers known as jaradars agreed to pay the state a fixed sum of money. Local bankers guaranteed the payment of this contracted amount to the state