History · Administration and Economy
UGC NET June 2019 History
Regarding Taqavi loans, which of the following statements are NOT correct? Choose the correct answer from the options given below.
- 1. These were given to peasants for agricultural purposes.
- 2. These were given to traders for trade purposes.
- 3. These were advanced through the Chaudhuris and Muqaddams, who distributed them among the individual peasants.
- 4. Chaudhuris and Muqaddams did not stand surety for their repayment.
A1, 2 and 3 only
B1 and 3 only
C1, 2, 3 and 4
D2 and 4 only ✓ Correct
Correct answer: (D) 2 and 4 only — The second and fourth statements are not correct, so the answer is 2 and 4 only.
Explanation
★The second and fourth statements are not correct, so the answer is 2 and 4 only.
★A Taqavi loan was a short-term loan given to poor farmers for seeds, fertilizers and equipment.
★So the claim that it was given to traders for trade is wrong.
★These loans were distributed through the local zamindars, chaudhuris and muqaddams to the peasants.
★The chaudhuris and muqaddams did stand surety for repayment, so the fourth statement is also wrong.
★Thus the two not correct statements are the second and the fourth.
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