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Question Practice

What was the Limitation Law of 1859 in the context of loans?

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MCQ_SA
CBSE
Class 12
History
Themes in Indian History - III
THEME NINE - COLONIALISM AND T...
Question Bank

What was the Limitation Law of...

Single Answer MCQ
Q-00090514

What was the Limitation Law of 1859 in the context of loans?

1

It limited interest rates to a maximum.

2

It made oral agreements legally binding.

3

It stated that loan bonds were valid for three years.

4

It exempted peasants from paying debts.

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