INDIAN HISTORY

HISTORY

MODERN INDIA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
After the permanent settlement, what fraction of the revenue derived by the Zamindars to the Company was to be remitted?
A
50%
B
65%
C
76%
D
89%
Explanation: 

Detailed explanation-1: -According to the Permanent Settlement the Zamindars were recognized as the permanent owners of the land. They were instructed to pay 89% of the annual revenue to the state and were permitted to enjoy 11% of the revenue as their share.

Detailed explanation-2: -Revenues were collected by zamindars, native Indians who were treated as landowners. This division created an Indian landed class that supported British authority. The Permanent Settlement was introduced first in Bengal and Bihar and later in Varanasi and also the south district of Madras.

Detailed explanation-3: -Answer: The Permanent Settlement was a land revenue system introduced in 1793 by East India Company. By the terms of this settlement, the rajas and taluqdars were recognised as zamindars. They were asked to collect rent from the peasants and pay revenue to the Company.

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