Question

How did the assumption of Diwani benefit the East India Company?

plss fast. in 7-10 lines.​

Answer 1

Answer:

After the assumption of the Diwani, East India Company was benefited in several ways as mentioned below: (i) It allowed the Company to use the vast revenue resources of Bengal. (ii) Now, trade was fully controlled by the East India Company. ... (iv) Revenue of Bengal was used to finance exports of Indian goods.

Answer 2

Answer:

After the assumption of the Diwani, East India Company was benefited in several ways as mentioned below:

(i) It allowed the Company to use the vast revenue resources of Bengal.

(ii) Now, trade was fully controlled by the East India Company. ...

(iv) Revenue of Bengal was used to finance exports of Indian goods.

(v) 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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