Question

“Diwani Rights” was a major economic gain for the English East India Company . Do you agree ? Give reasons

Answer 1

Answer:

Yes , diwani rights was the major economic gain gain for the English east india company

Explanation:

This was a major breakthrough for the Company because Diwani allowed it to use the vast revenue resources of Bengal. From the early eighteenth century, the Company had buy most of the goods in India by paying in gold and silver which were imported from Britain. This was putting a huge drain on the treasury in Britain