Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy on the Eve of Independence

Question:

In the question given below there are 2 statements marked as Assertion (A) and Reason (R). Chose the correct alternative from the following options.
Assertion (A)- The economic condition of India during the British rule was devastating. 
Reason (R)- India became an importer of primary products such as raw silk, cotton, wool, sugar, indigo, jute etc. and an exporter of finished consumer goods.

Options:

Both (A) and (R) are true and (R) is the correct explanation of (A)

Both (A) and (R) are true but (R) is not the correct explanation of (A)

(A) is true but (R) is false

(A) is false but (R) is true

Correct Answer:

(A) is true but (R) is false

Explanation:

The correction answer is Option 3: (A) is true but (R) is false

Assertion (A) states that the economic condition of India during British rule was devastating. This is true because British colonial policies, including exploitative economic practices such as drain of wealth, heavy taxation, and destruction of indigenous industries, contributed to the impoverishment of India's economy.

Reason (R)- India became an importer of primary products such as raw silk, cotton, wool, sugar, indigo, jute etc. and an exporter of finished consumer goods.This is False. India became an exporter of primary products such as raw silk, cotton, wool, sugar, indigo, jute etc. and an importer of finished consumer goods like cotton, silk and woollen clothes and capital goods like light machinery produced in the factories of Britain.