Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy on the Eve of Independence

Question:

India became exporter of which of the following products during colonial times?

Options:

Raw silk

Sugar

Both 1 and 2

None of the above

Correct Answer:

Both 1 and 2

Explanation:

During colonial times, India became an exporter of primary products such as raw silk, cotton, wool, sugar, indigo, jute etc. and an importer of finished consumer goods like cotton, silk and woollen clothes and capital goods like light machinery produced in the factories of Britain.