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Q.

Those who signed the Satta contract received cash advances from planters at low-interest rates to produce [[1]].

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answer is INDIGO.

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Detailed Solution

  • The planters provided low-interest cash advances to the individuals who signed the Satta contract in order to produce indigo.
  • By 1810, 95% of the indigo shipped into Britain was made in India, up from just around 30% in 1788. 
  • Loans from the Company were available to anyone who lacked the funds to manufacture indigo.
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