Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy on the Eve of Independence

Question:

Which of the following is true about India during the British rule?

Options:

It suffered colonial exploitation.

The consumer demand in the Indian market decreased.

The prices of imports were increased by Britishers.

All of the above

Correct Answer:

It suffered colonial exploitation.

Explanation:

The prices of imports were kept low by Britishers resulting in destruction of handicrafts industry. As a result of influx of cheap machine made goods from Britain, the consumer demand increased in India.