How did the assumption of diwani benefit the east india company
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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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Explanation:
Before being the diwan of Bengal, the Company imported Gold and Silver from Europe to buy goods in India. After the assumption of Diwani, the revenue collected by the Company could finance the goods bought by the Company. The Company also got additional money from the revenue.
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