Question : On August 12, ______, the Mughal emperor appointed the East India Company as the Diwan of Bengal.
Option 1: 1765
Option 2: 1768
Option 3: 1772
Option 4: 1760
Correct Answer: 1765
Solution : The correct answer is 1765 .
On August 12, 1765, the Mughal emperor designated the East India Company as the Diwan of Bengal, granting it financial authority over the region. While serving as Diwan, the company focused on maximising revenue and obtaining products for trade. Despite its administrative role, the company retained its primary identity as a trader. It sought to increase revenue without establishing a systematic assessment, and collection process, aiming to procure fine cotton and silk cloth inexpensively.
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