question_answer

Examine the impact of 'Limitation Laws' passed by the British in 1859.

Answer:

In 1859, the Britishers passed the Law of Limitation, stating that the loan bonds signed between the money-lenders and the ryots would have validity for three years only.

Effects of the law were:

1. Money-lenders refused to extend the loan to the ryots.

2. Manipulation and forgery of peasants accounts by money-lenders.