Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy on the Eve of Independence

Question:

Match List I with List II.

 List I List II
A. Introduction of railways I. Before 1921
B. First stage of demographic transition II. 1907
C. The Tata Iron and Steel Company (TISCO) incorporation III. 1850
D. Suez Canal opening IV. 1869

Choose the correct answer from the options given below.

Options:

A-I, B-II, C-III, D-IV

A-III, B-I, C-II, D-IV

A-III, B-II, C-I, D-IV

A-III, B-I, C-IV, D-II

Correct Answer:

A-III, B-I, C-II, D-IV

Explanation:

The British introduced the railways in India in 1850 and it is considered as one of their most important contributions. The railways affected the structure of the Indian economy in two important ways. On the one hand it enabled people to undertake long distance travel and thereby break geographical and cultural barriers while, on the other hand, it fostered commercialization of Indian agriculture which adversely affected the self-sufficiency of the village economies in India.

Before 1921, India was in the first stage of demographic transition. The second stage of transition began after 1921. However, neither the total population of India nor the rate of population growth at this stage was very high.

The iron and steel industries began coming up in the beginning of the twentieth century in India. The Tata Iron and Steel Company (TISCO) was incorporated in 1907.

Suez Canal is an artificial waterway running from north to south across the Isthmus of Suez in north-eastern Egypt. It connects Port Said on the Mediterranean Sea with the Gulf of Suez, an arm of the Red Sea. The canal became operational in the year 1869