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when was permanent settlement abolished
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when was permanent settlement abolished
As the Company worried about declining revenues, it introduced the Permanent Settlement of Bengal in 1793. It was introduced by Lord Cornwallis.
According to this settlement, the rajas and taluqdars were recognised as the zamindars of the land. They had to collect rent from the peasants and pay the revenues to the Company.
The amount to be paid to the Company was fixed permanently. The Company thought that this would ensure a steady and regular flow of revenues to them and would encourage the zamindar to invest in the improvement of the land.
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when was permanent settlement abolished
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when was permanent settlement abolished for Class 8 2024 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about when was permanent settlement abolished covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for when was permanent settlement abolished.
when was permanent settlement abolished for Class 8 2024 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about when was permanent settlement abolished covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for when was permanent settlement abolished.
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