Other Trading Partners
Besides Britain, India's foreign trade was also allowed with which countries?
- USA, France and Germany
- China, Ceylon (Sri Lanka) and Persia (Iran) — Correct Answer
- Japan, Russia and Australia
- Portugal, Spain and Netherlands
Explanation:
Correct Answer Explanation
Besides Britain, trade was allowed with China, Ceylon (Sri Lanka), and Persia (Iran).
Key Points:
- More than half of trade was restricted to Britain.
- Britain maintained monopoly control over India's trade.
- Suez Canal (1869) further tightened this control.
📚 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.
