Match List-I (Development) with List-II (Time).
| List-I | List-II |
|---|---|
| (A) Raw cotton imports from America fall to 55,000 bales | (I) 1862 |
| (B) Signs of an economic recovery of sorts in the Deccan | (II) After 1845 |
| (C) Agricultural prices recover steadily | (III) 1857 |
| (D) Cotton Supply Association founded in Britain | (IV) By the mid-1840s |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → A-I, B-IV, C-II, D-III
| List-I | List-II | Reason |
|---|---|---|
| (A) Raw cotton imports from America fall to 55,000 bales | (I) 1862 | After the American Civil War broke out, imports from America fell to 55,000 bales in 1862, against over 2,000,000 in 1861. |
| (B) Signs of an economic recovery of sorts in the Deccan | (IV) By the mid-1840s | By the mid-1840s there were signs of an economic recovery of sorts, and officials saw the 1820s settlements as harsh. |
| (C) Agricultural prices recover steadily | (II) After 1845 | After 1845 agricultural prices recovered steadily, and cultivators extended their acreage. |
| (D) Cotton Supply Association founded in Britain | (III) 1857 | The Cotton Supply Association was founded in Britain in 1857 to encourage cotton growing in suitable lands. |
NCERT (2026-27): “3.3 Revenue demand and peasant debt … “In 1857 the Cotton Supply Association was founded in Britain, and in 1859 the Manchester Cotton Company was formed. Their objective was “to encourage cotton production in every part of the world suited for its growth”. India was seen as a country that could supply cotton to Lancashire if the American supply dried up. It possessed suitable soil, a climate favourable to cotton cultivation, and cheap labour. When the American Civil War broke out in 1861, a wave of panic spread through cotton circles in Britain. Raw cotton imports from America fell to less than three per cent of the normal: from over 2,000,000 bales (of 400 lbs each) in 1861 to 55,000 bales in 1862. …” |