Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy on the Eve of Independence

Question:

Answer the following questions after reading the paragraph

Reena’s grandmother was telling her about how the life was when India was under the colonial rule. Her Grandmother said ,” How much blessed you are to be born in 20th century Reena, I will tell you about how our life looked back then. I used to sell hand made carpets in the market which were sold at a very high price but after some time I noticed that the demand in the market reduced due to machines that Britishers imported. So, I thought of switching to farming, but we weren’t able to fulfil our basic needs also as the ownership rights of the land now belonged to Raju and we were just mere peasants. Apart from that our right to choice was also taken away and we were forced to grow certain crops only. Had I been well educated I would have done something else but at that time no one used to study. But my child! you should study well and do something good with your life."

What happened to the Indian handicraft industry in the colonial period?

Options:

It was stagnant.

It gradually declined.

It increased over the period of time.

It initially declined but eventually increased.

Correct Answer:

It gradually declined.

Explanation:

As the grandmother said that the demand for the Indian handicraft goods decline due to the reason that Britishers started using machines for the production, which eventually lowered their prices.