Question

Consider the following statements regarding the Limitation Law.

1. This law was passed by the British in 1859.
2. This law stated that the loan bonds signed between the moneylenders and ryots would have validity for only two years.
3. This law was implemented to check the accumulation of interest over time.

Which of the following statement (s) is/are correct?

Options

• I and III

• II and III

• I and II

• II only

Answer 1

I and III