Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy on the Eve of Independence

Question:

Which of the following statements describe Indian economy at the eve of independence?

Options:

India was an exporter of finished goods

India was an exporter of primary goods

India was an importer of raw materials

India was an exporter of industrial goods

Correct Answer:

India was an exporter of primary goods

Explanation:

The Britishers had turned India into an exporter of raw materials and importers of finished goods.