Multiple choice

Which of the following statements is/are correct?

a. The British passed the Limitation Law in 1857. b. It stated that the loan bonds signed between moneylenders and ryots would have validity for only one year. c. The moneylenders got around the law by forcing the ryots to sign a new bond every time and adding the original loan and the accumulated interest as the principal on which a new set of interest charges was calculated.

  1. a only

  2. b only

  3. c only

  4. a and b

  5. a, b and c

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

This is the correct answer as this statement is correct.