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:
Answer: D
Notes:
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