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  • Question
  • The Limitation Law, which passed by the British in 1859, addressed which one of the following issues?


  • Options
  • A. Loan bonds would not have any legal validity
  • B. Loan bonds signed between money lender and Ryots would have validity only for three years
  • C. Loan bonds could not be executed by money lenders
  • D. Loan bonds would have validity for ten years

  • Correct Answer
  • Loan bonds signed between money lender and Ryots would have validity only for three years 

    Explanation

    The ryots came to see the moneylender as devious and deceitful. They complained of moneylenders manipulating laws and forging accounts. In 1859 the British passed a Limitation Law that stated that the loan bonds signed between moneylenders and ryots would have validity for only three years. This law was meant to check the accumulation of interest over time. The moneylender, however, turned the law around, forcing the ryot to sign a new bond every three years.

  • Tags: Bank Exams

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    • Options
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    • C. Literature
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    • Options
    • A. isostasy
    • B. continental drift
    • C. plate tectonics
    • D. None of the above
    • Discuss
    • 3. Which of the following is a non metal that remains liquid at room temperature?

    • Options
    • A. Phosphorous
    • B. Bromine
    • C. Chlorine
    • D. Helium
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    • 4. In which field 'Aachan Maharaj' has distinguished himself?

    • Options
    • A. Painting
    • B. Drama
    • C. Dance
    • D. Vocal Music
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    • 5. This part-time race car driver invented the bucket seat in 1969. Who was he??

    • Options
    • A. Steve McQueen
    • B. Harrison Frazier
    • C. Paul Newman
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    • 6. Who among the Indian to win the Athletics Gold in 1998 Asian Games?

    • Options
    • A. Kapil Dev
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    • Options
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    • D. AND, OR, BUT
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    • 8. Habeas Corpus Act 1679

    • Options
    • A. states that no one was to be imprisoned without a writ or warrant stating the charge against him
    • B. provided facilities to a prisoner to obtain either speedy trial or release in bail
    • C. safeguarded the personal liberties of the people against arbitrary imprisonment by the king's orders
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    • Discuss
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    • Options
    • A. Archarya Tulsi
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    • Options
    • A. liquation
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