Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy on the Eve of Independence

Question:

Assertion: Due to introduction of railways by Britishers, the volume of India’s exports undoubtedly expanded during colonial era.

Reasoning: There were no social and economic benefits to the Indians as a result of introduction of railways by Britishers.

Options:

Both Assertion (A) and reasoning (R) are correct and R is the correct explanation of A.

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

Assertion (A) is true but Reasoning (R) is not correct.

Assertion (A) is not true but Reasoning (R) is correct.

Correct Answer:

Assertion (A) is true but Reasoning (R) is not correct.

Explanation:

The introduction of railways in India in 1850 was considered a significant contribution by the British. While it enabled long-distance travel and the breaking of geographical and cultural barriers, it also led to the commercialization of Indian agriculture, negatively affecting the self-sufficiency of village economies. Although India's export volume expanded, the benefits rarely reached the Indian people, leading to significant economic losses for the country. The social benefits, which the Indian people gained owing to the introduction of the railways, were thus outweighed by the country’s huge economic loss.