Which of the following statements is/are not true of the Permanent Settlement?
- AThe settlement was introduced initially as a decennial settlement
- BIt gave rise to a market in land
- CIt resulted in pauperisation of the peasantry
- DNone of the above
Solution & Step-by-step Explanation
All statements are actually historically accurate regarding the Permanent Settlement of 1793. It was conceptualized initially in 1790 as a 10-year (decennial) settlement before being declared permanent in 1793. Because land could be confiscated and auctioned for non-payment of dues under the Sunset Law, it created an active market in land. It also led heavily to the oppression and pauperization of the ryots (peasantry). Therefore, none of the options are "not true".