Transformation of Indian Economy
The colonial policies transformed India's economy into:
- An industrialised economy
- A supplier of raw materials and consumer of British finished products — Correct Answer
- A self-sufficient agrarian economy
- A leading exporter of manufactured goods
Explanation:
Correct Answer Explanation
British policies transformed India into a supplier of raw materials and consumer of finished industrial products from Britain.
Key Points:
- This transformation served British economic interests.
- India went from a manufacturing hub to a raw material exporter.
- Indigenous industries were systematically destroyed (de-industrialisation).
📚 About this Topic — CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE
This multiple choice question is from CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE to strengthen your preparation.
