Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy on the Eve of Independence

Question:

Which of the following statement (s) is/are correct?

Statement 1: Under British colonial rule, India's economy remained predominantly agrarian, with approximately 90 percent of the population living in villages and relying on agriculture for their livelihoods. 

Statement 2: While there was some growth in the overall area under cultivation under British colonial rule, agricultural productivity remained low.

Options:

Only Statement 1 is correct.

Only Statement 2 is correct.

Both statements are correct.

None of the given statement is correct.

Correct Answer:

Only Statement 2 is correct.

Explanation:

Under British colonial rule, India's economy remained predominantly agrarian, with approximately 85 percent of the population living in villages and relying on agriculture for their livelihoods. However, despite the significant proportion of the population engaged in agriculture, the sector experienced stagnation and occasional deterioration. While there was some growth in the overall area under cultivation, agricultural productivity remained low.