5 Questions
What difficulties has Mohammad Asim faced in conducting regular classes?
Large amount of work and health issues, problem with swinging in his studio, and a large number of pending reviews on previous chapters
What did the company have to pay a large amount of money for?
The territories' administration
Who was in charge of the territories of the East India Company in India?
The company's financial administrator
Why was there a need for proper organization and administration in the territories of the East India Company?
Due to the revenues and sources of these territories
What aspects did Mohammad Asim ask students to share before starting the class session?
Their strips, attendance numbers, and to check their previous comment boxes
Study Notes
- Mohammad Asim is hosting a class session on YouTube for Chapter 3 of Class 8.
- He is apologizing for not being able to conduct classes regularly due to a large amount of work and health issues.
- He mentions that there is a problem with the swinging in his studio, which has resulted in him not being able to conduct classes properly.
- He has been unable to conduct classes regularly due to a large number of pending reviews on his previous chapters.
- He asks students to share their strips, what they have attended, their attendance numbers, and to start the class session.
- He also asks students to check their previous comment boxes, as he may have missed some comments.
- He introduces a brief background about a British Indian company called the East India Company and its involvement in India.
- The company, which was a trading company, had the rights to collect taxes in India, which led to the Indian economy being heavily influenced by the company.
- The company's financial administrator was in charge of the territories of the East India Company in India.
- He mentions that the company had to pay a large amount of money to the territories for their administration.
- He then discusses the revenues and sources of these territories, which led to the need for proper organization and administration.
- He describes the two functions required for this administration - one to administer the land and the other to manage the revenues.
- He also mentions that there were recurring revenues and revolutionary revenues, which required proper organization and regulation.
- He suggests that if someone is setting up a business, they will need to establish a business setup and administration for their business.
- He also mentions that one's own money earned from the business needs to be accounted for and organized properly.
- He then goes on to discuss the importance of proper organization, administration, and regulation in various areas, including personal finance and business.
Join Mohammad Asim's YouTube class session for Chapter 3 of Class 8 where he discusses the involvement of the East India Company in India and the importance of proper organization, administration, and regulation in various areas. Get insights into the British Indian company and its impact on the Indian economy.
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