Question 10:
"Once the East India Company established political power, it proceeded to develop a system of management and control to eliminate
competition, control costs and ensure regular supplies of cotton and silk goods through a series of steps."
Which of the following was not a part of this series?
(a) It eliminated the existing traders and brokers connected with the cloth trade.
O (b) It established a more direct control over the weavers through the appointment of jobbers.
O (c) It prevented Company weavers from dealing with other buyers through a system of advances.
O (d) It appointed gomasthas to supervise weavers.
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The East India Company adopted various steps to ensure regular supplies of cotton and silk textiles. (i) They established political power to assert monopoly their right to trade. ... (v) The weavers had to sell at a price dictated by the company. By giving the weavers a loan, the company tied the weavers with them.
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