De-industrialisation Effect
The systematic de-industrialisation of India by the British resulted in:
- Growth of modern factories
- Near wholesale displacement of traditional handicraft industries — Correct Answer
- Increase in per capita income
- Development of heavy industries
Explanation:
Correct Answer Explanation
De-industrialisation resulted in the near wholesale displacement of traditional handicraft industries without adequate replacement by modern industries.
Key Points:
- Growth rate of new industrial sector was very small.
- Its contribution to GDP remained negligible.
- Created massive unemployment and dependence on British imports.
📚 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.
