Who was Jagat Seth? Give a brief description.
Answers
Answer: Jagat Seth, also the title for the powerful moneylender family he belonged to, looked after the mint and treasury accounts of Bengal during the Nawabi period. He played a key role in the conspiracy involving the imprisonment and ultimate killing of Nawab Siraj ud-Daulah.
Jagat Sheth meaning the 'Banker of the World', was a title conferred on Fateh Chand, a very rich banker in Bengal in the first half of the eighteenth century. The founder of the house of Jagat Sheth was Manik Chand who came to Dhaka from Patna in the early eighteenth century and established a trading firm. When murshid quli khan, the diwan of Bengal transferred his capital to Murshidabad, Manik Chand moved with him to the new capital. In Murshidabad he was a favorite of the nawab and eventually became the latter's banker and financial adviser. Emperor farruk siyar, soon after his accession to the throne of Delhi in 1712, honoured Manik Chand with the title of Nagar Sheth (Banker of the city). Manik Chand died in 1714 and under Fateh Chand, his nephew, adopted son and successor the house achieved real greatness.
Answer:
The Jagat Seth were an Indian Jain banking family and the title of the eldest son of the family. The family sometimes referred to as the House of Jagat Seth, were a wealthy business, banking and money lender family from Murshidabad, Bengal region in the eastern part of the Indian subcontinent, during the time of Nawab Siraj ud-Daula
Jagat Seth, also the title for the powerful moneylender family he belonged to, looked after the mint and treasury accounts of Bengal during the Nawabi period. He played a key role in the conspiracy involving the imprisonment and ultimate killing of Nawab Siraj ud-Daulah......
Jaget Seth was a title conferred by the Nawab of Bengal and can be interpreted as "banker or merchant of the world".[1] House of Jagat Seth Museum contains personal possessions of Jagat Seth and his family including coins of the bygone era, muslin and other extravagant clothes, Banarasi sarees embroidered with gold and silver threads.
Jagat Seth, also the title for the powerful moneylender family he belonged to, looked after the mint and treasury accounts of Bengal during the Nawabi period. He played a key role in the conspiracy involving the imprisonment and ultimate killing of Nawab Siraj ud-Daulah. His house, replete with a secret tunnel as well as an underground chamber, where illegal trade plans were hatched, is what has been converted into the aforementioned museum.