12th Class Economics Indian Economy On The Eve Of Independence Question Bank MCQs - Indian Economy on the Eve of Independence

  • question_answer
    Which of the following does not highlight the status of industrial sector during the colonial period?

    A) Capital goods industries were lacking

    B) British followed equi-proportional tariff policy

    C) Conversion of India as a sprawling market for British finished goods

    D) Indian handicraft industries declined

    Correct Answer: B

    Solution :

    British followed discriminatory tariff policy wherein import of British goods were made tariff free and heavy export duties were imposed on Indian handicrafts.


You need to login to perform this action.
You will be redirected in 3 sec spinner