Question
Which revenue system in colonial India was based on the
direct settlement with the cultivators, reflecting certain aspects of the Ricardian theory of rent?Solution
The Ryotwari system, implemented in parts of British India, involved direct settlement with the cultivators, who paid taxes directly to the government. This system reflected aspects of the Ricardian theory of rent, emphasizing direct economic relationships between the state and the cultivators without intermediaries.
Which of the following commission is related with the Rajiv Gandhi Killing?
Which country’s Capital topped the United Nations Environment Programme's report - Frontiers 2022: Noise, Blazes and Mismatches?
Indian Financial System Code (IFSC) is a / an
Priority Sector lending actually means lending to
What does 'VAT' stand for in the context of taxation?
Who among the following won the ‘Gulbenkian Prize for Humanity’ in 2020?
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What term describes the consumption of fixed capital in an economy?
Which one of the following pairs is correctly matched?
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