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Consider the following statements: The “drain of wealth” from India to England under the “Home Charges” up till 1858 consisted of:- 1. Payment of dividend to the proprietors of East India company for payment to its shareholders. 2. Interest on loan taken by Indian government. 3. Profit of British Capital in India 4. Expenses of office of secretary of state. Codes: |
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Answer» Consider the following statements: The “drain of wealth” from India to England under the “Home Charges” up till 1858 consisted of:- 1. Payment of dividend to the proprietors of East India company for payment to its shareholders. 2. Interest on loan taken by Indian government. 3. Profit of British Capital in India 4. Expenses of office of secretary of state. Codes: |
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