BRITISH POLICIES AND THEIR IMPACTS-1
1)What kind of economy was India before the advent of the British?
2)In the Traditional Indian Economy, who collected the revenue?
3)What are ‘home charges’?
4)Why did the peasants start growing cash crops?
5)Who introduced The Permanent Settlement system?
6)What were its special features?
7)State 2 advantages and 2 disadvantages of the above-mentioned system?
8)Where was the land revenue utilized by the British?
(Can someone help me to complete the assignement as I need to summit it on google classroom by saturday)
Answers
Answer:
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Answer:
COLONIAL RULE
India had an independent economy before the advent of the British rule. Though agriculture was the main source of livelihood for most people, yet, the country's economy was characterised by various kinds of manufacturing activities.
The Economy of India under Company rule describes the economy of those regions (contemporaneously British India) that fell under Company rule in India during the years 1757 to 1858. The British East India Company began ruling parts of the Indian subcontinent beginning with the Battle of Plassey, which led to the conquest of Bengal Subah and the founding of the Bengal Presidency, before the Company expanded across most of the subcontinent up until the Indian Rebellion of 1857.
Home Charges are the interests of India's external debts and the payments of the salaries and pensions of British officials in India are what the Home Charges comprised of. The trade surplus was used to make these payments or the payments for the Home Charges.
Since revenue payments had to be paid in cash, the peasants began to grow cash crops like jute, cotton, sugarcane, etc., which could be sold for ready cash in the markets.
General Lord Cornwallis
The Permanent Settlement was brought into effect by the Governor-General Lord Cornwallis in 1793. This was basically an agreement between the company and the Zamindars to fix the land revenue. First enacted in Bengal, Bihar and Odisha, this was later followed in northern Madras Presidency and the district of Varanasi.
Three major systems of land revenue collection existed in India. They were – Zaminidari, Ryotwari and Mahalwari.