define DIWANI class 8 ncert history...
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The postulate of Diwani which acts as trade custom given by Mir Jafar which profited the East India Company in several ways:
(i) The Diwani authorized the Company to access the enormous resources of Bengal.
(ii) The discharge of gold and silver which the organization shipped to purchase commodities in India was discontinued.
(iii) The revenue from Bengal promptly could be utilized to obtain cotton and silk textiles in India, to sustain Company troops, and adhere to the expense of strengthening the Company fortification and factories at Calcutta
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Answer:
diwani means collecting the revenue on behalf of the emperor this was given by shah alam 2 to the english east India Company after they lost the battle of buxar in 1764
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