Question
Why did Peshwa Baji Rao $II$ sign the Subsidiary Alliance?

Answer

In $1802,$ Peshwa baji Rao $II$, supported by Sindhia, was defeated by Holkar. Baji Rao $II$ fled to Bassein where he signed the Subsidiary Treaty as a price for British protection and support. He was escorted back to Poona by British soldiers.

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