Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy on the Eve of Independence

Question:

In the question given below there are 2 statements marked as Assertion (A) and Reason (R). Choose the correct alternative from the following options.
Assertion (A)- India became importer of the final goods during British Rule.
Reason (R)- India became the exporter of raw materials like raw silk, indigo etc during British rule.

Options:

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

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

(A) Is true but (R) is false.

(A) Is false but (R) is true.

Correct Answer:

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

Explanation:

The correct answer is Option 2: Both (A) and (R) are true but (R) is not the correct explanation of (A).

Assertion (A)- India became importer of the final goods during British Rule. This is correct.
Reason (R)- India became the exporter of raw materials like raw silk, indigo etc during British rule.This is correct

While both statements are true, the relationship between them is not one of cause and effect. India became an importer of final goods during British rule primarily due to the colonial economic policies, which favored British industries and restricted Indian manufacturing. This led to a dependence on British-made products and a decline in domestic production.

The export of raw materials like raw silk, indigo, etc., while significant, was a consequence of the colonial economic system, not the primary cause of India becoming an importer of final goods. The colonial policies, which favored the extraction of raw materials and the import of finished goods, created a trade imbalance that disadvantaged India.