Which of the following statements are correct?
1) The East India Company was appointed as the Diwan of the provinces of Bengal on 12 August 1765.
2) The need for the import of gold and silver from Britain entirely stopped after the assumption of Diwani of Bengal.
Select the correct answer using the codes given below:
1
Only 1 is correct
2
Only 2 is correct
3
Both 1 and 2 are correct
4
None is correct