Target Exam

CUET

Subject

History

Chapter

Modern India: Colonialism and the Countryside

Question:

Which law was passed by the Britishers to check the accumulation of interest with moneylenders over the time taken from ryots?

Options:

Permanent Settlement

Limitation Law

Credit Law

Ryotwari Settlement.

Correct Answer:

Limitation Law

Explanation:

The correct answer is Option 2 - Limitation Law

In 1859 the British passed a Limitation Law that stated that the loan bonds signed between moneylenders and ryots would have validity for only three years.