The Ryotwari System was introduced by Thomas Munro in the early 19th century, specifically in the Madras Presidency under British rule. This system was characterized by direct collection of land taxes from the farmers or 'ryots' rather than through intermediaries. Each ryot was recognized as the land's proprietor, responsible for paying taxes directly to the state based on land productivity assessments. This system marked a significant shift in revenue collection methods in colonial India, aiming to simplify and increase efficiency.
In case of ambiguity in policy wording, which rule is applied?
What is called when insurance contract comes into existence when one party makes an offer or proposal of a contract and the other party accepts the prop...
What covers professionals for negligence and errors or omissions that injure their clients?
What is the main role of an insurance underwriter?
Coverage for bodily injury and property damage incurred through ownership or operation of a vehicle is called?
The establishment of Agriculture Insurance Company of India Limited (AIC) was announced in which General Budget speech?
The principle of utmost good faith requires:
The Insurance Act to govern both life insurance and non-life insurance was passed in which year?
In a "hard market," what typically happens to insurance premiums and coverage?
The Public Sector Insurance companies in India include: