Which of the following is correct about policies framed by the colonial government?
Answer & explanation
Correct answer: option 3
The correct answer is option 3: Both 1 and 2
Colonial policies did transform the country into a supplier of raw materials and a consumer of finished goods. The British colonial rule primarily aimed to exploit India's resources for the benefit of the British economy, leading to the extraction of raw materials from India and the import of finished goods produced in Britain.