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From Trade to Territory - The Company Establishes Power
How did the assumption of Diwani benefit the East India Company?
The Mughal emperor, in 1765, appointed the Company as the Diwan of the provinces of Bengal.
(i)The Diwani allowed the Company to exploit the vast revenue resources of Bengal.
(ii)This solved a major problem that the company had earlier faced.
(iii)Although its trade had expanded, it had to buy most of the goods in India with gold and silver imported from Britain.
(iv)The overflow of gold from Britain stopped after the assumption of Diwani. Now revenue from India could finance Company expenses.
(v)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.
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Match the following options:
The British conquest of Bengal began with the Battle of _____________.
Haider Ali and Tipu Sultan were the rulers of _____________.
Dalhousie implemented the Doctrine of _________.
Maratha kingdoms were located mainly in the ___________ part of India.
The Mughal empire became stronger in the eighteenth century.
The English East India Company was the only European company that traded with India.
Maharaja Ranjit Singh was the ruler of Punjab.
The British did not introduce administrative changes in the territories they conquered.
What attracted European trading companies to India?
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