Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy on the Eve of Independence

Question:

Which of the following was NOT an indicator of Industrial backwardness at the eve of independence?

Options:

Decay of indigenous handicraft industry

Slow progress of modern industry

Industrialization

None of the above

Correct Answer:

Industrialization

Explanation:

The correct answer is Option 3: Industrialization

Indicators of industrial backwardness at the eve of independence included:

  • Decay of indigenous handicraft industry: Traditional industries faced decline due to competition with British manufactured goods and policies that favored British imports.
  • Slow progress of modern industry: Industrial development was limited, and modern industries did not expand significantly during the colonial period.
  • De-industrialization: he British deliberately pursued a policy of de-industrialization, discouraging the development of Indian industries and forcing India to rely on British manufactured goods.