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Examine the impact of 'Limitarion Lawn' passed by the Briis in 1859 |
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Answer» Solution : In 1859, the Britishes PASSED the Law pauifs of Limitation, STARTING that the loan bonds SIGNED between the MONEY lenders and he ryots would have validity for three years only. Effects of the law were: (i) The money lenders manipulated and FORCED the ryots to sign a new bond every three years. (ii) Moneylenders refused to give receipts when loans were repaid, ctered ficitirous figures in bonds, acquired the peasants' harvest at low prices, moneylenders ultimately took over peasants property. |
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