Question

What was the permanent settlement?

Answer 1

The Permanent Settlement, also known as the Permanent Settlement of Bengal, was an agreement between the East India Companyand Bengali landlords to fix revenues to be raised from land, with far-reaching consequences for both agricultural methods and productivity in the entire British Empire and the political realities of the Indian countryside. 

Answer 2

Answer:

Permanent Settlement:

• Introduced in Bihar and Bengal.

• Revenue was fixed permanently.

• Local zamindars collected the stipulated amount by a certain date.

• Condition of peasants pitiable as majority of the zamindars forced the peasants to pay high revenue, so that the surplus could be kept by the Zamindar.

Explanation:

To ensure a regular income, the company decided to fix the land revenue of Bengal and Bihar on a permanent basis.

This scheme was introduced in 1793 by Lord Cornwallis, and was known as the permanent settlement.

The system of fixing revenue in advance was extremely advantages to the company.