Consider the following statements regarding British economic policies:
 
  1. The Permanent Settlement created a landed aristocracy loyal to the British but led to the exploitation of peasants.
  2. The Ryotwari System introduced in Madras and Bombay directly assessed taxes on cultivators rather than intermediaries.
  3. The Mahalwari System involved village communities as the main unit of revenue assessment in regions like Bombay
  4. British economic policies generally led to rural prosperity and increased agricultural productivity in India.
Which of the statements are correct?

1
 1, 2, and 3
2
2 and 4
3
1, 3, and 4
4
1 and 2
5
Question Not Attempted

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