Q. 5 E

Answer the following briefly

Explain Home Charges.

Answer :

The dividends on East India’s stock, interest on debt, savings from salaries and the pensions of officers and establishments and buildings in the India Office, London, transporting cost of British troops to and from India, etc. were imposed on India and were thus called as the Home charges.

The British took complete control over the revenue system of India and exploited the common masses to gain maximum revenue so that they can use it to fulfil their own needs.

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