In context with the Permanent Settlements of Bengal, introduced by Cornwallis, consider the following statements:

  1. Peasants were put under the mercy of Zamindars
  2. Zamindars were made allies of East India Company
  3. This system secured a stable Income for east India Company

Which among the above statements is / are correct?

[A] Only 1
[B] 1 & 2
[C] 1, 2 & 3
[D] 2 & 3
Click Here to Display Answer