Consider the following statement (s) related to the administrative causes of 1857 revolt.I. Deprivation of the traditional ruling classes of their luxury due to the establishment of the company's suzerainty over the Indian states.II. Introduction of new and revenue system which snatched the land from cultivator and gave it to the moneylender or traitor.III. Lord Canning's announcement to that Mughals would lose the title of King and be mere Princess.

• A. Both I and III
• B. Only II
• C. Only I
• D. Both I and II

Answer: (D)