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Question

Select the correct option after reading the statements.
1) During the reign of Sa'adat Khan, social groups that included money lenders and bankers became powerful and began to control the revenues of the state.
2) If the revenue farmers or Ijaradars weren't able to pay the fixed revenue, local bankers guaranteed the payment of this money to the state.

A
Both statements are true.
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B
Both statements are false.
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C
Statement 1 is true and statement 2 is false.
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D
Statement 2 is true and statement 1 is false.
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Solution

The correct option is A Both statements are true.
Sa'adat Khan and his state were dependent on local bankers and mahajans - or money lenders - for loans. If the revenue farmers or Ijaradars weren't able to pay the fixed revenue, local bankers guaranteed the payment of this money to the state. During the reign of Sa'adat Khan, social groups that included money lenders and bankers became powerful and began to control the revenues of the state.

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