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Batta
In the British Raj, Batta or Bhatta or Bat-ta was a a) financial/banking and b) a military term, meaning a) an agio or disagio, b) a special allowance made to officers, soldiers, or other public servants in the field, c) any additional or extra charge elsewhere. The term is probably derived from Kannada ''bhatta'' (rice in the husk). Batta was originally introduced as a payment to military officers of the East India Company, in addition to their ordinary salary, to provide them with money for field-equipment and other expenses when on the march. By November 1842, a distinction was made according to which part of the country they were based. A lieutenant-colonel in barracks in southern India, for instance would receive half batta, 304 rupees (£30) a month. All cavalry and infantry officers stationed in northern India received full batta. Discontent over changes to the allowance was the cause of the Monghyr Mutiny. In Hindi, the term ''bhatta'' (Hindi भत्ता) is now used ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monghyr Mutiny
The Monghyr Mutiny (also known as the White Mutiny) occurred among European officers of the East India Company stationed in Bengal in 1766. The mutiny arose after the East India Company's governor of Bengal, Robert Clive, implemented an order to reduce the batta field allowance paid to its army officers. The batta had been doubled while the troops were in the service of the Nawab of Bengal Mir Jafar. Clive's order came into effect on 1 January 1766 and brought the allowances into line with those paid by the company in the rest of India. At this time the company army in Bengal was divided into three brigades under the command of Sir Robert Fletcher, Richard Smith and Robert Barker. There was some dissent against reductions to the batta and later evidence showed that plotting against Clive may have begun as early as December 1765. A scheme of mass-resignations was agreed upon and consented to by some 200 officers. The planning was carried out in secret and Clive did not lear ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Muttahida Qaumi Movement – London
The Muttahida Qaumi Movement (MQM) ( ur, , ), previously known as Muhajir Qaumi Movement, is a secular political party in Pakistan that was founded by Altaf Hussain in 1984. Currently the party is split between 2 main factions. MQM-London faction is controlled by Altaf Hussain from London, while MQM-Pakistan is run by Khalid Maqbool Siddiqui based in Pakistan. Its electoral symbol was a kite. It was founded as a student organization, All Pakistan Muhajir Student Organization (APMSO), in 1978 by Altaf Hussain. APMSO gave birth to the Muhajir Qaumi Movement in 1984. In 1997, the MQM removed the term Muhajir (that denotes the party roots among the country's Urdu-speaking community) from its name and replaced it with ''Muttahida'' ("United"). The MQM was generally known as a party that once held strong mobilizing potential in Karachi, having traditionally been the dominant political force in the city. The party has kept its influence over Pakistan's federal government as a key c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Raj
The British Raj (; from Hindi ''rāj'': kingdom, realm, state, or empire) was the rule of the British Crown on the Indian subcontinent; * * it is also called Crown rule in India, * * * * or Direct rule in India, * Quote: "Mill, who was himself employed by the British East India company from the age of seventeen until the British government assumed direct rule over India in 1858." * * and lasted from 1858 to 1947. * * The region under British control was commonly called India in contemporaneous usage and included areas directly administered by the United Kingdom, which were collectively called British India, and areas ruled by indigenous rulers, but under British paramountcy, called the princely states. The region was sometimes called the Indian Empire, though not officially. As ''India'', it was a founding member of the League of Nations, a participating nation in the Summer Olympics in 1900, 1920, 1928, 1932, and 1936, and a founding member of the United Nations in San F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agio
''Agio'' (Italian ''aggio'') is a term used in commerce for exchange rate, discount or premium. Exchange rate The variations from fixed par values or rates of exchange in the currencies of different countries. For example, in most countries that used the gold standard, the standard coin was kept up to a uniform point of fineness. In particular, a freshly minted English sovereign was in a fixed relation to freshly minted coins of other countries: 1 £ = 25.221 francs = 20.429 marks = US$4.867, etc. This rate, known as the mint par of exchange, did not necessarily coincide with the corresponding market exchange rates. The balance of trade between the countries determined the actual rate of exchange. If England has a negative balance of trade with France, for instance, currency of equal magnitude is remitted to France, which thus creates a demand for French currency. Procurement of that currency involves payment of a premium referred to as agio. It refers to exchange rate. E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kannada Language
Kannada (; ಕನ್ನಡ, ), originally romanised Canarese, is a Dravidian language spoken predominantly by the people of Karnataka in southwestern India, with minorities in all neighbouring states. It has around 47 million native speakers, and was additionally a second or third language for around 13 million non-native speakers in Karnataka. Kannada was the court language of some of the most powerful dynasties of south and central India, namely the Kadambas, Chalukyas, Rashtrakutas, Yadava Dynasty or Seunas, Western Ganga dynasty, Wodeyars of Mysore, Nayakas of Keladi Hoysalas and the Vijayanagara empire. The official and administrative language of the state of Karnataka, it also has scheduled status in India and has been included among the country's designated classical languages.Kuiper (2011), p. 74R Zydenbos in Cushman S, Cavanagh C, Ramazani J, Rouzer P, ''The Princeton Encyclopedia of Poetry and Poetics: Fourth Edition'', p. 767, Princeton University ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East India Company
The East India Company (EIC) was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Southeast Asia), and later with East Asia. The company seized control of large parts of the Indian subcontinent, colonised parts of Southeast Asia and Hong Kong. At its peak, the company was the largest corporation in the world. The EIC had its own armed forces in the form of the company's three Presidency armies, totalling about 260,000 soldiers, twice the size of the British army at the time. The operations of the company had a profound effect on the global balance of trade, almost single-handedly reversing the trend of eastward drain of Western bullion, seen since Roman times. Originally chartered as the "Governor and Company of Merchants of London Trading into the East-Indies", the company rose to account for half of the world's trade duri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hindi
Hindi (Devanāgarī: or , ), or more precisely Modern Standard Hindi (Devanagari: ), is an Indo-Aryan language spoken chiefly in the Hindi Belt region encompassing parts of northern, central, eastern, and western India. Hindi has been described as a standardised and Sanskritised register of the Hindustani language, which itself is based primarily on the Khariboli dialect of Delhi and neighbouring areas of North India. Hindi, written in the Devanagari script, is one of the two official languages of the Government of India, along with English. It is an official language in nine states and three union territories and an additional official language in three other states. Hindi is also one of the 22 scheduled languages of the Republic of India. Hindi is the '' lingua franca'' of the Hindi Belt. It is also spoken, to a lesser extent, in other parts of India (usually in a simplified or pidginised variety such as Bazaar Hindustani or Haflong Hindi). Outside India, several ot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allowance (money)
An allowance is an amount of money given or allotted usually at regular intervals for a specific purpose. In the context of children, parents may provide an allowance (British English: pocket money) to their child for their miscellaneous personal spending. In the construction industry, an allowance may be an amount allocated to a specific item of work as part of an overall contract. The person providing the allowance usually tries to control how or when money is spent by the recipient so that it meets the aims of the person providing the money. For example, an allowance by a parent may be motivated to teach the child money management and be either unconditional or tied to the completion of chores or the achievement of specific grades. The person supplying the allowance usually specifies the purpose and may put controls in place to make sure that the money is spent only for that purpose. For example, company employees may be given an allowance or per diem to provide for meals and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Karachi
Karachi (; ur, ; ; ) is the most populous city in Pakistan and 12th most populous city in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast. It is the former capital of Pakistan and capital of the province of Sindh. Ranked as a beta-global city, it is Pakistan's premier industrial and financial centre, with an estimated GDP of over $200 billion ( PPP) . Karachi paid $9billion (25% of whole country) as tax during fiscal year July 2021 to May 2022 according to FBR report. Karachi is Pakistan's most cosmopolitan city, linguistically, ethnically, and religiously diverse, as well as one of Pakistan's most secular and socially liberal cities. Karachi serves as a transport hub, and contains Pakistan’s two largest seaports, the Port of Karachi and Port Qasim, as well as Pakistan's busiest airport, Jinnah International Airport. Karachi is also a media center, home to news channels, film and fashi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Extortion
Extortion is the practice of obtaining benefit through coercion. In most jurisdictions it is likely to constitute a criminal offence; the bulk of this article deals with such cases. Robbery is the simplest and most common form of extortion, although making unfounded threats in order to obtain an unfair business advantage is also a form of extortion. Extortion is sometimes called the "protection racket" because the racketeers often phrase their demands as payment for "protection" from (real or hypothetical) threats from unspecified other parties; though often, and almost always, such "protection" is simply abstinence of harm from the same party, and such is implied in the "protection" offer. Extortion is commonly practiced by organized crime. In some jurisdictions, actually obtaining the benefit is not required to commit the offense, and making a threat of violence which refers to a requirement of a payment of money or property to halt future violence is sufficient to commit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
