Question
What is meant by ‘Home Charges’?

Answer

Payment burden:
  • Over and above the huge salaries that the British used to draw from income earned from India, they were also paid a large sum as ‘home charges’ to the British personnel in India.
  • The home charges included expenses of the British administration, maintenance of the British Army, war expenses, pensions to retired British officers and other expenses made by Britain for maintaining her colonies.
  • These home charges were made of three components, They are:
    1. Interest payments for debts incurred in maintaining Indian colony,
    2. Interest on the railways and
    3. Civil and military charges.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free