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Read the source given below and answer the questions that follows:
The European companies gradually gained power – first securing a variety of concessions from local courts, then the monopoly rights to trade. This resulted in a decline of the old ports of Surat and Hooghly through which local merchants had operated. Exports from these ports fell dramatically, the credit that had financed the earlier trade began drying up, and the local bankers slowly went bankrupt. In the last years of the seventeenth century, the gross value of trade that passed through Surat had been ₹16 million. By the 1740s it had slumped to ₹3 million.
Answer the following MCQs by choosing the most appropriate option.
Q. The gross value of trade that passed through Surat had been ..................
  • a)
    ₹18 million
  • b)
    ₹17 million
  • c)
    ₹19 million
  • d)
    ₹16 million
Correct answer is option 'D'. Can you explain this answer?
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Read the source given below and answer the questions that follows:The...
In the last years of the seventeenth century, the gross value of trade that passed through Surat had been ₹16 million.
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Read the source given below and answer the questions that follows:The...
< b="" />Explanation: < />

The given passage states that the gross value of trade that passed through Surat had been ₹16 million in the last years of the seventeenth century and had slumped to ₹3 million by the 1740s. Therefore, the correct answer is option 'D' - ₹16 million.

< b="" />Reasoning: < />

- In the last years of the seventeenth century, the gross value of trade passing through Surat was ₹16 million.
- By the 1740s, the gross value of trade passing through Surat had slumped to ₹3 million.
- The passage clearly indicates a decline in the gross value of trade passing through Surat, from ₹16 million to ₹3 million.

Therefore, based on the information provided in the passage, the correct answer is option 'D' - ₹16 million.
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Read the source given below and answer the questions that follows:The European companies gradually gained power – first securing a variety of concessions from local courts, then the monopoly rights to trade. This resulted in a decline of the old ports of Surat and Hooghly through which local merchants had operated. Exports from these ports fell dramatically, the credit that had financed the earlier trade began drying up, and the local bankers slowly went bankrupt. In the last years of the seventeenth century, the gross value of trade that passed through Surat had been ₹16 million. By the 1740s it had slumped to ₹3 million.Answer the following MCQs by choosing the most appropriate option.Q. The gross value of trade that passed through Surat had been ..................a)₹18 millionb)₹17 millionc)₹19 milliond)₹16 millionCorrect answer is option 'D'. Can you explain this answer?
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Read the source given below and answer the questions that follows:The European companies gradually gained power – first securing a variety of concessions from local courts, then the monopoly rights to trade. This resulted in a decline of the old ports of Surat and Hooghly through which local merchants had operated. Exports from these ports fell dramatically, the credit that had financed the earlier trade began drying up, and the local bankers slowly went bankrupt. In the last years of the seventeenth century, the gross value of trade that passed through Surat had been ₹16 million. By the 1740s it had slumped to ₹3 million.Answer the following MCQs by choosing the most appropriate option.Q. The gross value of trade that passed through Surat had been ..................a)₹18 millionb)₹17 millionc)₹19 milliond)₹16 millionCorrect answer is option 'D'. Can you explain this answer? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Read the source given below and answer the questions that follows:The European companies gradually gained power – first securing a variety of concessions from local courts, then the monopoly rights to trade. This resulted in a decline of the old ports of Surat and Hooghly through which local merchants had operated. Exports from these ports fell dramatically, the credit that had financed the earlier trade began drying up, and the local bankers slowly went bankrupt. In the last years of the seventeenth century, the gross value of trade that passed through Surat had been ₹16 million. By the 1740s it had slumped to ₹3 million.Answer the following MCQs by choosing the most appropriate option.Q. The gross value of trade that passed through Surat had been ..................a)₹18 millionb)₹17 millionc)₹19 milliond)₹16 millionCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the source given below and answer the questions that follows:The European companies gradually gained power – first securing a variety of concessions from local courts, then the monopoly rights to trade. This resulted in a decline of the old ports of Surat and Hooghly through which local merchants had operated. Exports from these ports fell dramatically, the credit that had financed the earlier trade began drying up, and the local bankers slowly went bankrupt. In the last years of the seventeenth century, the gross value of trade that passed through Surat had been ₹16 million. By the 1740s it had slumped to ₹3 million.Answer the following MCQs by choosing the most appropriate option.Q. The gross value of trade that passed through Surat had been ..................a)₹18 millionb)₹17 millionc)₹19 milliond)₹16 millionCorrect answer is option 'D'. Can you explain this answer?.
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