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Match List – I with List – II and select the correct answer from the codes given below:
Codes:
(a) (b) (c) (d)
(ii) (iii) (i) (iv)
(iii) (ii) (iv) (i)
(ii) (iv) (i) (iii)
(iii) (iv) (i) (ii)
A Hundi is a financial instrument that developed in Medieval India for use in trade and credit transactions. Hundis are used as a form of remittance instrument to transfer money from place to place, as a form of credit instrument or IOU to borrow money and as a bill of exchange in trade transactions. Dastak, in 18th-century Bengal, a permit exempting European traders, mostly of the British East India Company, from paying customs or transit duties on their private trade. The name came from the Persian word for “pass.” The practice was introduced by Robert Clive, one of the creators of British power in India, when he had Mir Ja?far installed as nawab of Bengal in 1757. The attempt of Mir Ja?far’s successor, Mir Qasim, to annul the use of dastaks led to his overthrow in 1763–64 and the exercise of overt control of Bengal by the British. Free dastaks for private trade were finally abolished by Warren Hastings, governor of Bengal (1775). The system put the Indian trader at a grave disadvantage in competing with the European and was an important factor in the impoverishment of Bengal under early British rule. Sanad, also spelt as sunnud, was a deed granted to the rulers of native princely states in British India confirming them in their ruling position in return for their allegiance to the British Raj. Since the extinction of the royal bloodline would be a ground for annexation of a principality by the British,[7] some rulers were also granted sanads of adoption. Devised as a reward for loyalty to British rule in India, especially after the Indian rebellion of 1857, such deeds gave a ruler the right to adopt chosen heirs from local noble families in case of lack of direct issue.[8] Among the rulers that were given Sanads of adoption, Takht Singh, Jaswant Singh of Bharatpur, as well as the rulers of Nagod State, Samthar State and the Chaube Jagirs are worth mentioning. Dadani: In the circumstances the foreign merchants looked for the help of native merchants. They were identified as Dadani merchants. The Dadani merchants worked as associates to the English merchants. During the first half of 19th century the East India Company had to fight with the challenges of these Dadani merchants and the rival parties to safeguard their g investment and interest on textile industries in India
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