Question

List the main features of permanent settlement.How did the production of opium,indigo and sugar shot up the profit margins of the east india company?

Answer 1

Answer:

Permanent Settlement:

1- It was introduced to ensure the stability of the East India company .

2-Rajas and other leaders were responsible for collecting the revenues .

3-The amount of the revenue was fixed .

Crops like opium, indigo, and sugar-can were cash crops as they were in demand in England and China. The East India Company used to buy these products from local markets at low price and sell them in England at high price that shot up the profit margins of the East India Company.

Answer 2

Explanation:

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