Question

what steps did the company planned to take after becoming the diwan of bengal?​

Answer 1

Steps taken by company to become Diwan of Bengal:

• On $12^{th}$ August 1765, Mughal Emperor’s Diwan was accepted by the East India Company.

• The East India Company is now the Chief of finance of the territory and had the control over financial concerns and decisions.

• The Company started collecting high revenue from the population just to have the increment in royal treasures.

• They want Bengal to earn maximum profit and go high in terms of economy so that they can finance their businesses and wars with that profit.

• After the Company became the Diwan of Bengal they started buying goods for trade from natives with the help of the revenue.

• This scheme brought major profit in the Company account.

• These were some major decisions taken by The East India Company after becoming the Diwan of the Bengal.

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