BANKING AFFAIRS

Detailed explanation-1: -The Treaty of Seringapatam (also called Srirangapatinam), signed 18 March 1792, ended the Third Anglo-Mysore War. Its signatories included Lord Cornwallis on behalf of the British East India Company, representatives of the Nizam of Hyderabad and the Mahratta Empire, and Tipu Sultan, the ruler of Mysore.

Detailed explanation-2: -The resulting treaty was signed on 18 March. Cornwallis had hoped to use the treaty as a wide-ranging peace settlement that would, in addition to reducing or removing the threat of Mysore, prevent conflict between Hyderabad and the Marathas.

Detailed explanation-3: -According to the treaty, Tippu Sultan was to give away half of his kingdom to the British. He had to pay three crore rupees as war compensation and also, give two of his children as a guarantee against the payment. Finally, he had to release prisoners of war.

Detailed explanation-4: -The Treaty of Srirangapatnam was the last treaty signed between Tippu Sultan and the British in 1792 CE. The Salbai Agreement was signed in the year 1782 CE. It was signed between the Marathas and the British.

Detailed explanation-5: -The correct answer to this question is option C-Cornwallis.