History Practice Quiz 308

Q1.What did the British Limitation Law of 1859 state regarding loan bonds?

A. They would have validity for only three years B. They would be valid indefinitely C. They required registration with the government D. They could not include interest

Q2.What was the purpose of the British Limitation Law of 1859?

A. To encourage more lending B. To check the accumulation of interest over time C. To protect moneylenders' rights D. To standardize interest rates

Q3.How did the moneylender reportedly respond to the Limitation Law of 1859?

A. He welcomed it as fair B. He turned it to his advantage by manipulating laws and forging accounts C. He stopped lending altogether D. He reduced interest rates voluntarily

Q4.What was the period for which a new bond was signed by the ryot according to the Deccan Riots Commission petitions?

A. Every year B. Every two years C. Every three years D. Every five years

Q5.Which commission collected petitions describing how moneylenders short-changed ryots?

A. Deccan Riots Commission B. Famine Commission C. Land Revenue Commission D. Peasant Commission

Q6.According to the source, what did moneylenders refuse to give when loans were repaid?

A. Receipts B. Bonds C. Deeds D. Contracts

Q7.What did moneylenders enter in bonds to short-change the ryot?

A. False dates B. Fictitious figures C. Lower interest rates D. Higher loan amounts

Q8.How did moneylenders acquire the peasants' harvest according to the source?

A. At market prices B. At high prices C. At low prices D. Through auctions

Q9.What did the British believe about transactions based on informal understanding?

A. They were trustworthy B. They were suspicious C. They were legal D. They were common

Q10.What did peasants fear according to the source?

A. The moneylenders B. The written word C. The British officials D. The courts

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History Practice Quiz 308