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Indian Economy - Understanding the basics of Indian economic system

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Which one of the following is considered the Magna Carta of the Indian people?

The Government of India Act, 1858

The Ilbert Bill

Indian Councils Act of 1892

Queen Victoria's Proclamation

Explanation:

The expenditure on the suppression of the Mutiny of 1857 had ruined the East India Company. Queen Victoria's proclamation assumed the character of a Magna Carta which was often referred to by Indian nationalists.

By: Sandeep Dubey

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