The Permanent Settlement, also known as the Zamindari system, was introduced by the British East India Company, primarily by Lord Cornwallis in 1793. This system was implemented in the provinces of Bengal, Bihar, Orissa, and later extended to other parts of India.
The Permanent Settlement had significant implications for different groups involved:
Based on the structure and outcomes of the Permanent Settlement, the Zamindars (landlords) were the class that benefitted the most. They gained ownership of the land, secure and fixed revenue obligations to the state, and significant power over the peasantry, ensuring their economic prosperity and social dominance.
Which Act was formulated to end the trade monopoly of the East India Company in India?
Subsidiary alliance was a system devised by Lord Wellesley in 1798. All those who entered into such an alliance with the British had to accept certain terms and conditions.
1. The British would be responsible for protecting their ally from external and internal threats to their power.
2. In the territory of the ally a British armed contingent would be stationed and ally would provide resources for their maintenance.
3. The ally would enter into agreements, with other rulers or engage in warfare only with the permission of the British.
4. Ally may walk away with the alliance anytime at the disagreement.
Choose the correct answer from the options given below:
| LIST I | LIST II |
| A. Setting up Supreme Court at Calcutta by East India Company | I. 1793 |
| B. Cornwalis code enacted | II. 1774 |
| C. Railway line between Bombay and Thane | III. 1881 |
| D. Madras Harbour | IV. 1853 |