Question

Explain the role of intermediary and Jagat Seth in development of trade in ancient time
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Answer 1

Answer:

He played a key role in the conspiracy involving the imprisonment and ultimate killing of Nawab Siraj ud-Daulah. His house, complete with a secret tunnel

Explanation:

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Answer 2

The Jagat Seths belongs to Jain family and the title of the eldest son of the family. The family sometimes referred to as the House of Jagat Seth, were a wealthy business, banking and money lender family from Murshidabad, Bengal region in the eastern part of the Indian subcontinent, during the time of Nawab Siraj ud-Daulah.[1]

Death

Jagat Seth Mahtab Rai and his cousin Maharaj Swaroop Chand were captured and shot dead on the orders of Mir Qasim shortly before the Battle of Buxar in 1764. Jagat Seth was considered to be a traitor as he financed the British during the Battle of Plassey, which led to the death of Siraj ud-Daulah and the eventual start of the British Raj.