Questions Refer to the Passage Below

question 31

Multiple Choice

Questions refer to the passage below.
Section II-Regarding Merchants. It is plain that the infidel and treacherous British government have monopolized the trade of all the fine and valuable merchandise, such as indigo, cloth, and other articles of shipping, leaving only the trade of trifles to the people. . . . When the Badshahi Government is established, all these aforesaid fraudulent practices shall be dispensed with, and the trade of every article, without exception, both by land and by water, shall be open to the merchants of India.
The Azamgarh Proclamation (1857) , Bahadur Shah, last Mughal emperor
-The proclamation is issued in which of the following historical contexts?

• A) Movements to revitalize Islam on the periphery of empires
• B) The Mfecane movement in northern Africa
• C) The caste wars in South America
• D) Anti-imperial resistance to the expansion of colonizing states

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Definitions:

Excise Tax

A type of tax imposed on specific goods, services, or activities, often used to discourage consumption of certain products or to raise government revenue.

Efficiency Loss

The decrease in economic efficiency that occurs when market conditions prevent the optimal allocation of resources, often caused by market failures or interventions.

Tax

A compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Marginal Benefit

The extra utility or satisfaction gained from the utilization or creation of one more unit of a product or service.