Question

Permanent land revenue system secured a fixed and stable income for the…
A)Zamindar
B)British officers
C)Farmers
D)East India Company

Answer 1

Hint: The permanent settlement was a land revenue system introduced in 1793. By the term settlement, the rajas and taluqdars were recognised as zamindars.

Complete answer:
System of zamindari was introduced by Cornwallis in 1793 through the Permanent Settlement Act. It was introduced in provinces of Orissa, bengal, bihar and Varanasi. Also known as Permanent Settlement System. Now let’s see for whom this system secured fixed and stable income,

According to this act Zamindars were recognized as owners of the lands. Zamindars got the rights to gather the rent from the farmers. The gathered amount would be divided into 11 parts. 1/11 of the share belongs to Zamindars and 10/11 of the share belongs to the Company.

The main aim of the Permanent Settlement was to resolve the matter of agrarian crisis and distress that had resulted in lower agricultural output. The British officials thought that investment in agriculture, trade, and therefore the resources of the revenue of the State might be increased by agriculture.

In the Zamindari system the land ownership rights was removed from the farmers.Tax of land was fixed based on area of land. Zamindars collected more tax and exploited farmers.

The Bengal permanent settlement was brought into effect by the Governor-General Lord Cornwallis of the East India Company headed in 1793. This was basically an agreement between the company and the Zamindars to fix the land revenue.The fixed amount was 10/11th portion of the revenue for the government means to the East India company and 1/10th was for the Zamindar.

Hence, the correct answer is option (D)

Note: In 1793, Lord Cornwallis introduced the Permanent Land Revenue settlement of Bengal. The zamindars were required to pay a fixed amount of cash on a fixed date as land revenue to the treasury irrespective of what they could collect from the peasants. Many zamindars benefitted quite the peasants or the corporate .They were the owners of the land and they became very loyal to the corporation . This system secured a fixed and stable income for the company.