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In 1717 ,The East India Company Succeeded in securing valuable privileges under a royal Farman ( Farman of 1717) ,By the Mughal emperor Farrukhsiyar.
Consider the provisions of this Farman :
1.The British were allowed duty free trade in Bengal in lieu of an annual payment .
2.The company was allowed to use its own currency.
3.The Company was granted the right to issue passes or dastaks for the movement of such goods.
Which of the above provision was/were the part of Farman.
Find out the correct answer from the options given below :
1 only
2 only
1 and 3 only
1,2 , 3 all
All statements are correct.
Royal Farman by Emperor Farrukhsiyar
Mughal Emperor Farrukhsiyar in 1717 AD, issued royal Farman (charter) granting the company important trading facilities in Bengal which included the permission of export and import British goods in Bengal in lieu of annual payment. Under the Farman the company was authorized the to issue Dastaks (passes) for the transportation of goods.Company was also allowed to issue its own currency .
Note : This Farman became a perpetual source of conflict between the Company and the Nawabs of Bengal.The strong Nawabs of Bengal such as Murshid Quli Khan and Alivardi khan objected to the English interpretation of Farman.They exercised strict control over the English traders and prevented them from misusing the Dastaks.
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