Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy on the Eve of Independence

Question:

What was the primary focus of the economic policies pursued by the colonial government in India?

Options:

Development of the Indian economy

Protection of the economic interests of Britain

Encouragement of international trade

Both 2 and 3

Correct Answer:

Protection of the economic interests of Britain

Explanation:

The primary focus of the colonial government in India's economic policies was on safeguarding and advancing the economic interests of their home country, rather than fostering the development of the Indian economy. These policies had a profound impact on the structure of the Indian economy, leading to its transformation into a provider of raw materials and a consumer of finished industrial goods from Britain.