The Limitation Law of 1859 made loan bonds between moneylenders and ryots valid for how long?
ATen years
BThirty years
CThree years
DOne year
Answer & Solution
Correct answer: C. Three years
1. It aimed to check accumulating interest.
2. Bonds were valid for three years.
3. Moneylenders forced new bonds every three years.
_Source: syllabus Themes in Indian History Part III, Theme 10, Colonialism and the Countryside: Exploring Official Archives._
Keep practising Modern Indian History
Browse all Modern Indian History questions for UPSC CSE, or explore more History topics.