The Ryotwari Settlement was based on the ideas of David Ricardo, the British economist. This settlement system aimed to simplify the land revenue collection process in India by directly engaging with individual landowners or ryots. 

It was believed that this system would lead to greater efficiency and transparency in revenue collection. Under this system, the land revenue was fixed based on the expected agricultural produce of the land and was paid directly by the ryots to the British government. It was part of the broader changes in land revenue policies introduced by the British during their rule in India.

So,the correct option is [2].