IAS General Studies Question – 8
Various Cooperative societies of the agriculturists and Agricultural Banks were established during the time of Lord Curzon. What was the most appropriate reason for this?
[A]Lord Curzon wanted to improve the condition of agriculture in India
[B]The money lenders had refused to advance loans to peasants
[C] India was plagued with several famines
[D]Lord Curzon was given a mandate to work for the welfare of peasants
In this question, the most appropriate answer is B. We know that Lord Curzon had introduced the Punjab Land Alienation Act in 1900. In this act, it was laid down that non-peasant could buy lands from the peasants and neither could be attached their lands
in case pf nonpayment of debts and nor keep the land in mortgage for more than 20 years. The result was the moneylenders stopped lending money and Lord Curzon had to open banks and these societies.
Some important points about other reforms of Lord Curzon:
- Appointed Famine Commission which submitted its report in 1901
- Extension of Railways and Irrigation
- Reduction of Sales tax to Half.
- All other agencies except the government forbidden to mint coins
- British Pound made legal tender in India @15 Rupees.
- Limit of Taxable land increased from 500 to 1000 rupees a month
- CID department established in every province
- Salary of constables were increased.
- Official element in the management of universities was increased.
- Ancient Monument preservation act was passed
- Imperial Cadet Corps was founded in 1901
- Partition of Bengal