Answer:
An important effect of the land revenue policies of the British was the emergence of the moneylender as a powerful figure. The peasants who were unable to pay the revenue took money on interest from the moneylender. They had to mortgage their land and pay very high rates of interest. Ultimately they were unable to pay back the moneylender who was no less oppressive than the British. The peasants mostly lost their land and worked as bonded labourers on the farms.
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