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A republic is any government that doesn't have a supreme leader. Many people confer with each other and make decisions.
Basically, the British Company army won so hard that the Mughals were completely defeated and went into hiding since they became extremely poor now. The whole valley around the Ganges river was left as an open territory because of this which the Company could control, especially since the Shah decided to ally himself with them.
Answer:
C. approve loans is the correct answer.
Explanation: