how did the assumption of Diwani benefit the East India Company
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1. revenues from india could finance company expenses.
2. these revenues could be used to purchase cotton and silk textile in india.
3. the diwani granted by the Mughal emperor greatly increased the income of the company.
2. these revenues could be used to purchase cotton and silk textile in india.
3. the diwani granted by the Mughal emperor greatly increased the income of the company.
Answered by
1
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 helped the Company to use the vast revenue resources of Bengal.
b. The East India Company started getting rich through trades.
c. Revenue from Bengal was used export goods from India.
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