Question

Q. With respect to the Drain of wealth in British India, Which of the following constituted home charges?

Select the correct code using the options given below:

• A. 1, 3 and 4 only
• B. 3 and 4 only
• C. 1 and 2 only
• D. 1, 2, 3, 4

Answer 1

The correct option is D 1, 2, 3, 4

Explanation:

Home charges included:

• The salaries of the Secretary of State.
• Maintenance of the army & funds for waging wars even outside India.
• Other expenses related to administration.
• Profits earned by British capitalists through illegal channels.
• They used to pay less than the market value while purchasing Indian goods.
• Support the India office in London.
• Salaries & pensions of British personnel engaged in India.