WBCS.LIVE practice question

Which Mughal Emperor granted the famous 'Golden Farman' of 1717 to the British East India Company?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Bahadur Shah I
  2. Farrukhsiyar
  3. Muhammad Shah
  4. Shah Alam II

Correct answer and explanation

Correct answer: Farrukhsiyar

Explanation: āœ… Correct Answer: B) Farrukhsiyar šŸ“š Explanation: In 1717, the Mughal Emperor Farrukhsiyar issued a royal decree (Farman) often called the 'Magna Carta of the Company'. It granted the British the right to trade duty-free in Bengal in exchange for a fixed annual payment of 3,000 rupees. The Company was also allowed to issue 'Dastaks' (passes) for its trade and use the royal mint at Bombay, giving them a massive commercial edge over other European powers.