Which of the following statements is/are NOT true regarding the implementation and impact of the Permanent Settlement system?
- AThe settlement was introduced initially as a decennial settlement
- BIt gave rise to a market in land
- CIt resulted in the pauperization of the peasantry
- DNone of the above
Solution & Step-by-step Explanation
All listed options are historically accurate facts. The Permanent Settlement was originally introduced by Cornwallis as a 10-year (decennial) plan in 1790 before being declared permanent in 1793. Because failure to pay taxes resulted in auctioning of estates, it turned land into a highly transactional market commodity. It also stripped peasants of traditional rights, driving severe agrarian pauperization. Hence, none of the statements are false.