Question

Which of the following was not the provision of the 'Limitation Law' passed by the British in 1859?

• A. The loan bonds signed between the money-lenders and ryots would have validity of three years.
• B. The law was to check the accumulation of interest over time.
• C. The money-lenders and ryots used to renew the bonds after every three years.
• D. Ryots were given permanent stakes in land as interlopers.

Hint:

The Limitation Law of 1859 focused on regulating loans and interest accumulation, but did not address land ownership or ryots’ permanent rights to land. Understanding the scope of such laws is essential in studying colonial policies.

Answer 1

The Correct Option is D

The British enacted the 'Limitation Law' in 1859 to govern the renewal of loan bonds and control the accumulation of interest, specifically impacting money-lenders and ryots (peasants). This law stipulated a three-year validity period for loan bonds, necessitating periodic renewal by both parties. It is important to note that
this law did not grant ryots permanent land rights, as interlopers. Such provisions were part of different British colonial-era land reforms, not the Limitation Law itself.