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Q.

The ____ right gave the Company access to Bengal's enormous revenue resources.


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Detailed Solution

The Diwani right gave the company access to Bengal's enormous revenue resources.
The company placed Mir Jafri as the Nawab of Bengal following the battle of Buxar in 1764, when they had defeated Mir Qasim. They sought to develop such business concepts to fund their wars, stoops, trading, and other endeavours. Even after doing that, the business's expenses remained unmanageable. With the Mughal emperor's approval and appointment, the business finally achieved Nawab of Bengal status in 1765. They benefited from the Diwani system since it directly allowed them to access Bengal's abundant resources and income. This resolved the business's significant issue with Nawabs' holding or refusing to pay revenues.
 
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