How did the assumption of Diwani benefit the East India Company?
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Answered by
9
- IN 1765 the mugul emperor appointed the company as the diwani of the provinces of Bengal
- the out flow of gold slowly stopped from britain to India
-after battle of plassey entirely the gold flow was stopped assumption of diwani
-the revenue from India could finance company expenses
- these revenue purchased cotton and silk textiles in India
- to maintain company troop ,and met the cost of building the company fort and office at calcutta
- the out flow of gold slowly stopped from britain to India
-after battle of plassey entirely the gold flow was stopped assumption of diwani
-the revenue from India could finance company expenses
- these revenue purchased cotton and silk textiles in India
- to maintain company troop ,and met the cost of building the company fort and office at calcutta
Answered by
22
Given Question:-
How did the assumption of Diwani benefit the East India Company?
Required Answer:-
- The Mughal emperor, in 1765, appointed the company as the Diwani of the provinces of Bengal.
- The Diwani allowed the Company to exploit the vast revenue resources of Bengal.
- Although it's trade has expanded, it had to buy most of goods in India with gold and silver imported from Britain.
- The overflow of gold from Britain stopped after the assumption of Diwani.
- Now revenue from India could finance Company expenses.
- These revenues were used to purchase cotton and silk textiles on India, maintain Company troops and meet the cost of building the company fort and offices at Calcutta.
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https://brainly.in/question/12876163
- Class 8th
- Trade to Territory
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