Q. Lord Cornwallis is known for which of the following?
Answer: permanent revenue settlement of Bengal
Notes: The British introduced a new system of revenue collection in Bengal. It was called the Permanent Settlement. It was introduced by Lord Charles Cornwallis in 1793. Under this system, the East India Company had fixed the revenue that each zamindar had to pay.

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Question Number: 38 in 8. East India Company Rule - Revenue, Reforms Etc. in above course in App.