Ryotwari system of revenue collection in India, introduced by the British, was based on the _______.

Question

Question

This question was previously asked in

SSC CGL 2023 Tier-I Official Paper (Held On: 14 Jul 2023 Shift 1)

Answer 1

The correct answer is Ricardian theory of rent.Key Points

Ryotwari system:-
- The Ryotwari system of revenue collection in India was introduced by the British during their colonial rule.
- This system was based on the Ricardian theory of rent, which states that rent is the surplus income earned by landowners due to the differential fertility of land.
- Under the Ryotwari system, individual farmers or ryots were directly responsible for paying land revenue to the government.
- This system was prevalent in areas where landownership was fragmented and there were no intermediaries between the government and the farmers.

Additional Information

Smith's theory :-
- It is based on the idea that rent is paid for the use of land that has a fixed supply and is immobile.
Malthusian theory :-
- It suggests that as population growth increases, land becomes scarce and rents increase, leading to a decline in living standards.
Marx's theory :-
- It is based on the idea that rent is a form of exploitation of the labor of tenant farmers by landowners who hold a monopoly on land.