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How did the East India Company directly organise the drain of Bengal after acquisition of its Diwani?
- a)It converted its earning, as the diwan, into bullion.
- b)It encouraged its servants to send their savings home.
- c)It began to purchase Indian goods out of the revenues of Bengal and to export them.
- d)It started sending to England the revenues realised by it in its capacity as the diwan.
Correct answer is option 'C'. Can you explain this answer?
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How did the East India Company directly organise the drain of Bengal a...
Organisation of Drain of Bengal by East India Company:
Purchase of Indian Goods:
- After acquiring the Diwani of Bengal, the East India Company directly organized the drain of Bengal by purchasing Indian goods out of the revenues of Bengal.
- The Company used the revenues collected as the diwan to buy goods from Bengal and export them to England.
Exporting Revenues:
- Instead of reinvesting the revenue back into the development of Bengal, the Company started sending the revenues realized as diwan directly to England.
- This resulted in a significant drain of wealth from Bengal to England, as the revenues were not being utilized for the benefit of the region.
Conversion into Bullion:
- While the Company did convert some of its earnings as the diwan into bullion, the primary mechanism of drain was through the purchase and export of Indian goods.
Encouraging Savings:
- The Company also encouraged its servants in Bengal to send their savings back home, further draining wealth from the region.
In summary, the East India Company directly organized the drain of Bengal after acquiring its Diwani by purchasing Indian goods with the revenues collected, exporting the revenues to England, and encouraging its servants to send their savings back home. This exploitation of Bengal's resources contributed to the impoverishment of the region and the enrichment of the Company and England.
Purchase of Indian Goods:
- After acquiring the Diwani of Bengal, the East India Company directly organized the drain of Bengal by purchasing Indian goods out of the revenues of Bengal.
- The Company used the revenues collected as the diwan to buy goods from Bengal and export them to England.
Exporting Revenues:
- Instead of reinvesting the revenue back into the development of Bengal, the Company started sending the revenues realized as diwan directly to England.
- This resulted in a significant drain of wealth from Bengal to England, as the revenues were not being utilized for the benefit of the region.
Conversion into Bullion:
- While the Company did convert some of its earnings as the diwan into bullion, the primary mechanism of drain was through the purchase and export of Indian goods.
Encouraging Savings:
- The Company also encouraged its servants in Bengal to send their savings back home, further draining wealth from the region.
In summary, the East India Company directly organized the drain of Bengal after acquiring its Diwani by purchasing Indian goods with the revenues collected, exporting the revenues to England, and encouraging its servants to send their savings back home. This exploitation of Bengal's resources contributed to the impoverishment of the region and the enrichment of the Company and England.
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How did the East India Company directly organise the drain of Bengal after acquisition of its Diwani?a)It converted its earning, as the diwan, into bullion.b)It encouraged its servants to send their savings home.c)It began to purchase Indian goods out of the revenues of Bengal and to export them.d)It started sending to England the revenues realised by it in its capacity as the diwan.Correct answer is option 'C'. Can you explain this answer?
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How did the East India Company directly organise the drain of Bengal after acquisition of its Diwani?a)It converted its earning, as the diwan, into bullion.b)It encouraged its servants to send their savings home.c)It began to purchase Indian goods out of the revenues of Bengal and to export them.d)It started sending to England the revenues realised by it in its capacity as the diwan.Correct answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about How did the East India Company directly organise the drain of Bengal after acquisition of its Diwani?a)It converted its earning, as the diwan, into bullion.b)It encouraged its servants to send their savings home.c)It began to purchase Indian goods out of the revenues of Bengal and to export them.d)It started sending to England the revenues realised by it in its capacity as the diwan.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for How did the East India Company directly organise the drain of Bengal after acquisition of its Diwani?a)It converted its earning, as the diwan, into bullion.b)It encouraged its servants to send their savings home.c)It began to purchase Indian goods out of the revenues of Bengal and to export them.d)It started sending to England the revenues realised by it in its capacity as the diwan.Correct answer is option 'C'. Can you explain this answer?.
How did the East India Company directly organise the drain of Bengal after acquisition of its Diwani?a)It converted its earning, as the diwan, into bullion.b)It encouraged its servants to send their savings home.c)It began to purchase Indian goods out of the revenues of Bengal and to export them.d)It started sending to England the revenues realised by it in its capacity as the diwan.Correct answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about How did the East India Company directly organise the drain of Bengal after acquisition of its Diwani?a)It converted its earning, as the diwan, into bullion.b)It encouraged its servants to send their savings home.c)It began to purchase Indian goods out of the revenues of Bengal and to export them.d)It started sending to England the revenues realised by it in its capacity as the diwan.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for How did the East India Company directly organise the drain of Bengal after acquisition of its Diwani?a)It converted its earning, as the diwan, into bullion.b)It encouraged its servants to send their savings home.c)It began to purchase Indian goods out of the revenues of Bengal and to export them.d)It started sending to England the revenues realised by it in its capacity as the diwan.Correct answer is option 'C'. Can you explain this answer?.
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