Q. Which of the following funds constituted home charges?
1. Funds used to support the India office in London.
2. Funds used to pay salaries and pensions of British personnel engaged in India.
3. Funds used for waging wars outside India by the British.
Select the correct answer from the codes given below:

Answer: 1, 2 and 3
Notes: Home charges included the expenses for the functioning of the India office in London. These charges also constituted the interest on the public debt which was raised in England at higher rates, the annuities for railway and irrigation, and for the payments to the civil departments, where the English people were appointed. Home charges so sent were also used to wage any wars outside India by the Englishmen.

This Question is Also Available in:

हिन्दी
Question Source: 📚This question has been sourced from GKToday's "40000+ GK / General Studies MCQs for SSC & State PCS Exams" App Exclusive Course in GKToday Android Application which provides more than 40K General Knowledge and General Studies questions with explanations asked in all Competitive Exams of India. Download the app here.
📌 Question Number: 45 in 20. Economic Policies and Impacts in the above course in App.