Q. Which of the following is/are constituted under “Home Charges”?
1.Incentive to the shareholders of the Company.
2.Savings and the salaries of European officials, European traders and Planters remitted to England.
3.Pensions to those who retired from civil and military services.
Choose the correct answer from below given codes:

[A] 1 only

[B] 1 and 2 only

[C] 2 and 3 only

[D] 1, 2 and 3

Answer: D
Notes:

Explanation: Naoroji argued that a great deal of wealth was drained to England in the form of Home Charges. The following constituted the Home Charges:

  • Incentive to the shareholders of the Company.
  • Savings and the salaries of European officials, European traders and Planters remitted to England.
  • Pensions to those who retired from civil and military services.
  • The salaries of the staff and the Secretary to Home Government, India Office at London.
  • Expenses on wars fought in India and interests for the loans obtained from the banks for the conduct of wars and for the building of railroads.

Source: Tamil Nadu NCERT