how did the assumption of Diwani benefit the East India Company?
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Assumption of Diwani by East India Company.The Diwani allowed the company to use the vast revenue resources of Bengal.After the assumption of Diwani, gold was not imported from Britain and revenues from India were enough to finance company expenses.
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Diwani rights are the rights that the British acquired to collect their own revenues and have the authority to decide on civil cases. This right benefited East India Company in several ways:
a. It allowed the Company to use the vast revenue resources of Bengal
b. The monopoly of the East India Company on the trade started
c. Revenue of Bengal was used to export Indian goods out of the country
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