Effects of Revenue collection system

Question 1

What does drain of wealth mean?

Answer 1

The continuous flow of wealth from India to England is Drain of Wealth.

Question 1

What were the conditions of farmers?

Answer 1

The conditions of the farmers deteriorated and were forced to sell their lands off due to excess revenue policies and regular famines. The zamindars were no bothered to improve their land conditions. There were frequent agrarian riots. Thus, Land became a commodity that could be mortgaged, sold or bought. The peasants took loans to meet the revenue demands so they were forced to mortgaged their lands. The rate of interest was very high so they had to sell their lands to rich farmers or money lenders.

Question 2

What did Dadabhai Naraoji wrote?

Answer 2

Poverty and Un-British rule in India

Question 3

Impact of Drain of Wealth

Answer 3

1.Raw materials like indigo, jute , cotton, tea and coffee were sent to industries in England.
2. A part of the revenue was given as salaries for the officers while a majority was deposited in England.
3. Money received as gifts were sent to England.
4. Revenue of the country was used to buy good by the British which were sent to England.