A ryot's petition to the Deccan Riots Commission described how a sowkar lent Rs 100 on bond. Within what time did the debtor first agree to repay the amount?
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → Within eight days
Option (1) Within eight days — Correct. The debtor agrees to pay the amount within eight days from the passing of the bond. When he could not pay, fresh bonds followed and the interest piled up.
Option (2) Within 125 days — Incorrect. 125 days was the time allowed with the second bond, taken three years later for principal and interest together.
Option (3) Within three years — Incorrect. Three years was the gap after the deadline before the sowkar took a fresh bond, since a bond was valid for only three years.
Option (4) Within twelve months — Incorrect. No twelve-month term appears. The petition speaks of twelve years, by which time the interest had grown huge.
NCERT (2026-27): “3.6 The experience of injustice … |