Q. Which of the following was/were the economic cause/s of revolt 1857?
1.Heavy taxation
2.High interest rates of money lenders
3.Disintegration of zamindari system.
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

Explanation: The colonial policies of the East India Company destroyed the traditional economic fabric of the Indian society.

  • The peasantry was never really to recover from the disabilities imposed by the new and a highly unpopular revenue settlement.
  • Impoverished by heavy taxation, the peasants resorted to loans from moneylenders/traders at usurious rates, the latter often evicting the former from their land on non-payment of debt dues.
  • These moneylenders and traders emerged as the new landlords, while the scourge of landless peasantry and rural indebtedness has continued to plague Indian society to this day.
  • The older system of zamindari was forced to disintegrate.

Source: Spectrum Modern India