Read the following statements Assertion

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Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy on the Eve of Independence

Question:

Read the following statements

Assertion (A): Colonial policy involved turning India into a market for British goods.

Reason(R): Indian Industries benefitted from cheap machine made goods from Britain.

Which of the following option is correct in regard to the above statement?

Options:

Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

Assertion (A) is true but Reason (R) is false.

Assertion (A) is false but Reason (R) is true.

Correct Answer:

Assertion (A) is true but Reason (R) is false.

Explanation:

Traditional Indian Industries were destroyed by the invasion of cheap industrial goods from Britain