PG entrance exam CUET PG 2025 Mock Test General Knowledge Modern India (Pre-Congress Phase) India under East India Company’s Rule
Consider the following statements regarding the reasons responsible for Mercantilism:
1. The Indian powers were unable to regulate and control the advancements of the East India Company in India.
2. The Permanent Settlement Act brought by Lord Canning in 1793 was responsible for the drain of land revenue from India to Britain.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2