Question : What was the purpose of revenue settlements introduced by the East India Company?
Option 1: To promote agricultural research
Option 2: To establish a fair trade system
Option 3: To regularize land revenue collection
Option 4: To encourage industrialization
Correct Answer: To regularize land revenue collection
Solution : The purpose of revenue settlements introduced by the East India Company was to regularize land revenue collection, ensuring a stable income for the company and a systematic approach to taxation.