Given below are two statements :
Statement I: Zamindari system was introduced by Lord Cornwallis.
Statement II: Under Zamindari system village land were held jointly by communities.
In the light of the above statements, choose the correct answer from the options
given below:

Statement I: True. Lord Cornwallis established the Zamindari System (Permanent Settlement) in Bengal, Bihar, and portions of Odisha in 1793.

Statement II: False. Under the Zamindari system, zamindars were recognised as landowners and were responsible for collecting revenue from peasants. The Mahalwari System, not the Zamindari System, was characterised by village communities holding land collectively.