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    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?
    A Ryotwari system Correct Answer Incorrect Answer
    B Smith's theory of rent Correct Answer Incorrect Answer
    C Marx's theory of rent Correct Answer Incorrect Answer
    D Malthusian theory of rent Correct Answer Incorrect Answer

    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.

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