Question : How did the East India Company's presence impact the revenue system in rural India?
Option 1: Introduced permanent settlement
Option 2: Reduced tax rates
Option 3: Promoted communal farming
Option 4: Encouraged cash crops
Correct Answer: Introduced permanent settlement
Solution : The East India Company introduced the permanent settlement system, which fixed the land revenue and significantly impacted the agrarian structure and economy of rural India.
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Question : What was the purpose of revenue settlements introduced by the East India Company?
Option 1: To promote agricultural research
Option 2: To establish a fair trade system
Option 3: To regularize land revenue collection
Option 4: To encourage industrialization
Question : How did the East India Company's involvement in rural areas impact the local economy?
Option 1: By introducing modern farming techniques
Option 2: By promoting local handicrafts
Option 3: By establishing a monopoly on trade
Option 4: By implementing revenue settlements
Question : What was the impact of the East India Company's revenue settlements on rural society?
Option 1: Stabilization of the rural economy
Option 2: Increased agricultural productivity
Option 3: Displacement of traditional landholders
Option 4: Improved living standards for peasants
Question : What was one effect of the East India Company's revenue policies on the rural economy?
Option 1: Diversification of crops
Option 2: Stabilization of land prices
Option 3: Decrease in agricultural loans
Option 4: Consolidation of landholdings
Question : Who introduced a permanent settlement policy in 1793 to fix the revenue between East India Company and landlords?
Option 1: Lord Ripon
Option 2: Lord William Bentinck
Option 3: Lord Wellesley
Option 4: Lord Cornwallis
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