History · Modern Indian History
Which functional role enabled the 'Banyan' class during early Company rule in India to accumulate massive wealth and status comparable to European merchants?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Providing the administrative framework for the direct management of the Mughal Imperial Treasury in Delhi
- 2Operating exclusively as legal consultants for the codification of personal laws within the Diwani Adalats
- 3Managing the logistics for the recruitment of Gorkha and Sikh regiments into the Company's standing army
- 4Serving as the primary native brokers and intermediaries between the East India Company and the rural manufacturing sector✓
Correct answer
Serving as the primary native brokers and intermediaries between the East India Company and the rural manufacturing sector
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