No products in the cart.

how did the assumption of diwani …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

how did the assumption of diwani benefit the east india company?
  • 1 answers

Yogita Ingle 7 years, 2 months ago

 The Mughal emperor, in 1765, appointed the Company %s the Diwan of the provinces of Bengal. The Diwani allowed the Company to exploit the vast revenue resources of Bengal. This solved a major problem that the company had earlier faced. Although its trade had expanded, it had to buy most of the goods in India with gold and silver imported from Britain. The overflow of gold from Britain stopped after the assumption of Diwani. Now revenue from India could finance Company expenses. These revenues they used to purchase cotton and silk textiles in India, maintain Company troops and meet the cost of building the Company fort and offices at Calcutta.

https://examin8.com Test

Related Questions

What are types of resources
  • 1 answers
What are non-renewable resources ?
  • 1 answers
What was policy of lapse
  • 1 answers
Definition of representative
  • 2 answers
Why do we divide history into periods?
  • 2 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App