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In Sikkim Revenue Order No. 1 of 1917, what was the name for a mortgage under which the creditor took…

The 1917 Revenue Order calls this arrangement Biyaz. The creditor receives produce as interest while the principal remains unpaid. In Masikata, the creditor receives produce…

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In Sikkim Revenue Order No. 1 of 1917, what was the name for a mortgage under which the creditor took the land’s produce as interest while the principal remained unpaid?

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Answer and explanation

Correct answer B

The 1917 Revenue Order calls this arrangement Biyaz. The creditor receives produce as interest while the principal remains unpaid.

In Masikata, the creditor receives produce as an annual instalment towards the loan.

Pakhuria describes subletting part of a holding.

Option feedback

Option A

Under the order, Masikata applied the produce as annual instalments toward the loan.

Option B

Biyaz let the creditor take the produce as interest while the principal remained unpaid.

Option C

Pakhuria referred to subletting part of a holding under the local system.

Option D

Biyaz is the term the Revenue Order gives for this arrangement.

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