Read the passage and answer the questions :

"In introducing permanent Settlement, the British officials hoped that with the revenue demand of the state being permanently fixed would lead to regular flow of revenue and earn profit. This would lead to the emergence of a class of yeomen farmers and rice landowners who would be nurtured by the British and will be loyal to the East India Company. If the revenue failed, the estates were to be auctioned."

Match List I with List II:

Choose the correct answer from the options given below:

A-III, B-II, C-I, D-IV

The correct answer is Option 4 -A-III, B-II, C-I, D-IV

The correct match is:

Explanation:

Permanent Settlement Act was passed in Bengal in 1793. According to Permanent Settlement, the zamindar was not a landowner in the village, but a revenue Collector of the state.

In 1773 Regulating Act was passed by the British Parliament to regulate the activities of the East India Company.

The Fifth Report was submitted to the British Parliament in 1813. It was the fifth of a series of reports on the administration and activities of the East India Company in India. It ran into 1002 pages, of which over 800 pages were appendices that reproduced petitions of zamindars and ryots, reports of collectors from different districts, statistical tables on revenue returns, and notes on the revenue and judicial administration of Bengal and Madras (present-day Tamil Nadu) written by officials.

In 1797 there was an auction in Burdwan (presentday Bardhaman). It was a big public event. A number of mahals (estates) held by the Raja of Burdwan were being sold. The Permanent Settlement had come into operation in 1793. The East India Company had fixed the revenue that each zamindar had to pay. The estates of those who failed to pay were to be auctioned to recover the revenue. Since the raja had accumulated huge arrears, his estates had been put up for auction.