What was the term used for the grant of revenue from a village or a piece of land?
C
Correct answer
Explanation
Iqta was the land revenue grant system in medieval Islamic kingdoms (particularly the Delhi Sultanate), where rulers granted officials the right to collect revenue from a specific territory. The holder (Iqtadar) used this revenue for maintaining troops and administration. This was a key feature of the Sultanate's military-feudal organization. The other options are all incorrect: Gilco is not a historical term, Iffta and Iffco are modern corporate entities.