Choose given statement is true/false:

Bengal was a boon for East India companies.

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True

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answer is A.

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Detailed Solution

The above statement is true.
Bengal's East India Company's gains included the following:
1)      The business was now supposed to oversee the region’s finances on its own..
2)      The business was supposed to decide how to arrange the local revenue system and manage the land.
3)      The income was chosen to be sufficient to pay the business's expenses.
4)      Additionally, it empowered them to choose which goods to purchase or market.
5)      Bengal's governor received the most significant privilege. Instead of paying the British a fee of merely Rs 3000 per year, he permitted them to trade freely in Bengal.
Due to all these exceptional privileges, the corporation eventually established political dominance in Bengal.

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