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Home › CBSE Class 12 (Arts) › History › Colonialism and the Countryside › How did moneylenders turn the Limitation Law to …

How did moneylenders turn the Limitation Law to their advantage?

AMade ryots sign fresh bonds
BMoved away to towns
CForgave unpaid interest
DStopped lending at all
Answer & Solution
Correct answer: A. Made ryots sign fresh bonds
Every three years the unpaid loan plus interest was entered as fresh principal, so interest compounded.
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