WORLD HISTORY

Detailed explanation-1: -The Permanent Settlement of Bengal was brought into effect by the East India Company headed by the Governor-General Lord Cornwallis in 1793.

Detailed explanation-2: -The main aim of the Permanent Settlement was to resolve the problem of agrarian crisis and distress that had resulted in lower agricultural output. The British officials thought that investment in agriculture, trade, and the resources of the revenue of the State could be increased by agriculture.

Detailed explanation-3: -The Permanent Settlement was brought into effect by the Lord Cornwallis in 1793. This was an agreement between the East India Company and the zamindars to fix the land revenue.

Detailed explanation-4: -The Company introduced the Permanent Settlement Act in 1793 CE. By the terms of the settlement, the rajas and taluqdars were recognised as zamindars and they were asked to collect rent from the peasants and pay revenue to the company.

Detailed explanation-5: -Permanent Settlement was introduced in the year 1793 under Lord Cornwallis as the Governor-general. This was introduced in the hope of generating a steady revenue for the East India Company and encourage the zamindars to invest in improving the land.