Explanation:

The Permanent Settlement, also known as the Permanent Settlement of Bengal was an agreement between the East India Company and Bengali landlords to fix revenues to be raised from land.It had far-reaching consequences for both agricultural methods and productivity in the entire British Empire and the political realities of the Indian countryside.Permanent Settlement introduced first in Bengal and Bihar; and then to South district of Madras and district of Varanasi.The system eventually spread all over northern India by a series of regulations in 1793. These regulations remained in place until the Charter Act of 1833.