India became exporter of which of the following products during colonial times? |
Raw silk Sugar Both 1 and 2 None of the above |
Both 1 and 2 |
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. |