(i) Lord Cornwallis created Zaminders and Landlords for the first time in India and collected revenue. This settlement made with the zaminders was called as the permanent settlement.
(ii) The Ryotwari system was a different revenue system introduced in south India.
(iii) Under this system the peasant was the proprietor and paid tax on land. The government deal with him directly. He was entitled to remain in possession of land acquired by him, so long as he paid the land revenue.
(iv) As no credit facilities were provided by the state they had to depend on money lenders to borrow money.
(v) The colonial state pursued a policy of commercialization of agriculture.
(vi) The peasant's bid to clear his debt and to pay up the revenue dues to the state instead of producing for home consumption, the peasants began to raise crop for the market.
(vi) Even than the money earmarked for irrigation was meagre, but due to the initiative of some well meaning British officials and engineers irrigation became possible in certain areas, but they collected more taxes.
(vii) The policy of free trade and the forcible collection of land revenue resulted in the out break of famines.
(viii) The Indentured labour system was a form of debt bondage, by which many Indians were transported to various British colonies.

iii) is correct

(i) is correct

a) The East India Company acquired the Diwani right in 1765 and became the revenue farmer of the Mughal Emperor.
b) The Gurkhas were conquered by the British in 1816.
c) Slavery was abolished in India in 1843 and the system of indentured labour was introduced.
d) In the Madras Presidency, the famine of 1876-78 was preceded by droughts.

(i) Home charges - the dividends on East Indias stock, interest on debt, savings from salaries and the pensions of officers and establishments and buildings in the India office, London, transporting cost of British troops to and from India.
(ii) This drain of wealth in the form of Home charges in course of time rose to 16 million pounds per year.

We can divide the process of the colonialisation of India into three phases.
(i) Phase I Mercantilist Capitalism.
(ii) Phase II Industrial Capitalism.
(iii) Phase III Financial Capitalism.