How did the assumption of Diwani benefit the East India Company?
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This was a major breakthrough for the Company because Diwani allowed it to use the vast revenue resources of Bengal. The Company could use the revenue to finance its trade and other expenses. The company also used this revenue to strengthen its military power
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Answer:
This was a major breakthrough for the Company because Diwani allowed it to use the vast revenue resources of Bengal. The Company could use the revenue to finance its trade and other expenses. The company also used this revenue to strengthen its military power.
Explanation:
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