Consider the following statements 1 After Battle of Plassey East India Company took over the r...........

Modern Indian History NCERT

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Consider the following statements

1. After Battle of Plassey, East India Company took over the responsibility of Administration.

2. The outflow of gold from Britain slowed down after the Battle of Plassey

Choose the correct statements using the codes given below

1 only

2 only

Both 1 and 2

Neither 1 nor 2

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Explanation:

• After the defeat at plassey, sirajuddaulah was assassinated and Mirjafar made the nawab. The company was still unwilling to take over the responsibility of administration. Its prime objective was the expansion of trade
• In 1795, Mughal emperor appointed the company as Diwan of the provinces of Bengal. The Diwani allowed the company to use the vast revenue resource of Bengal.
• The outflow of gold from Britain slowed after the Battle of plassey, and entirely stopped after the assumption of Diwani.