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
Correct Answer:
Displacement of traditional landholders
Solution : The East India Company's revenue settlements had a significant impact on rural society, leading to the displacement of traditional landholders as the new revenue system favored those who could secure contracts with the Company, often resulting in changes in land ownership and social dynamics.
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