Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy on the Eve of Independence

Question:

Match the following in the context of colonial rule in India.

  LIST I   LIST II
1. Imports to India A. Britain
2. Exports From India B. Finished goods
3. Half of the India's trade C. Sri Lanka
4. Ceylon D. Raw materials
Options:

1-B, 2-C, 3-D, 4-A

1-A, 2-D, 3-B, 4-C

1-B, 2-D, 3-A, 4-C

1-C, 2-D, 3-A, 4-B

Correct Answer:

1-B, 2-D, 3-A, 4-C

Explanation:

Indian economy was an exporter of raw materials and importer of finished goods and half of the nation's trade was done with Britain. Other countries with which trade was done included Sri Lanka (Ceylon), China and Persia (Iran).