period adversely affected the economic position of the peasant.
Reason (R): The commercialisation, besides making the peasant heavily
dependent on the middleman for the sale of his product, made him subject to
all the vicissitudes of the erratic Indian as well as the world market.
Assertion (A): After the acquisition of the diwani of Bengal, the company
directly organised the ‘Drain of Wealth’.
Reason (R): After 1765 the company began to send to England the revenues
of Bengal through what were called ‘investments’.
                                   ANSWERS
     1. (c)         2. (d)     3. (a)       4. (b)        5. (b)  6. (d)  7. (c)
     8. (a)         9. (c)    10. (b)      11. (d)       12. (c) 13. (a) 14. (d)
   15. (b)        16. (d)     17. (c)      18. (a)       19. (b) 20. (c) 21. (d)
   22. (d)        23. (a)     24. (b)      25. (c)       26. (d) 27. (b) 28. (a)
    29. (c)       30. (d)     31. (d)      32. (b)       33. (a) 34. (c) 35. (d)
   36. (b)        37. (c)     38. (a)      39. (d)       40. (b) 41. (c) 42. (a)
    43. (c)       44. (b)     45. (c)      46. (d)       47. (a) 48. (b) 49. (c)
   50. (d)        51. (c)     52. (a)      53. (d)       54. (b) 55. (c) 56. (c)
    57. (a)       58. (c)     59. (d)      60. (c)       61. (a) 62. (b) 63. (d)
    64. (c)     65. (c)