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)- The foreign trade during colonial period was adversely affected by tariff restrictions.
Reason (R)- Britishers didn't want to develop capital goods industries in India.
Answer & explanation
Correct answer: option 2
The correct answer is option 2: Both (A) and (R) are true but (R) is not the correct explanation of (A).
Assertion (A) is true because foreign trade during the colonial period was adversely affected by tariff restrictions imposed by the British government to protect British industries and limit competition from Indian goods.
Reason (R) is also true because the British did not want to develop capital goods industries in India, as it would have reduced their dependence on British industries and undermined their economic control.
However, while (R) explains why the British might have been disinclined to develop Indian industries, it is not the direct cause of the tariff restrictions. The tariff restrictions were more about protecting British economic interests rather than the specific goal of hindering the development of Indian capital goods industries. Thus, Both (A) and (R) are true but (R) is not the correct explanation of (A).