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Question : How did the East India Company's involvement in rural areas impact the local economy?
 

Option 1: By introducing modern farming techniques
 

Option 2: By promoting local handicrafts
 

Option 3: By establishing a monopoly on trade

 

 

 

Option 4: By implementing revenue settlements


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Team Careers360 17th Jan, 2024
Answer (1)
Team Careers360 19th Jan, 2024

Correct Answer: By implementing revenue settlements


Solution : The East India Company's involvement in rural areas, particularly through implementing revenue settlements, had a significant impact on the local economy by altering traditional land ownership patterns and taxation systems.

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