Impact of British Rule on Indian Economy Quiz

What was the per capita income in India in 1947-48?

What sector dominated the Indian economy as the principal source of livelihood?

What was the percentage of population living in urban areas at the time of independence?

Which sector suffered from low productivity and had a low contribution to GDP?

What contributed significantly to poverty in India at the time of independence?

Which term describes the Indian economy on the eve of independence as having a mixture of feudalistic and capitalist modes of production?

What characterized the Indian economy on the eve of independence?

Who were some notable individuals who attempted to estimate India's national and per capita income?

What was the growth rate of India's per capita output per year during the first half of the twentieth century?

How did the British government influence India's foreign trade?

Which sector was destroyed by exploiting the domestic market for British products?

What impact did the British rule have on India's economy?

India's Economy at Independence

India's per capita income in 1947-48 was estimated to be around Rs. 200 (approximately $27 at the time).
The agricultural sector dominated the Indian economy as the primary source of livelihood for the majority of the population.
Only 11% of the population lived in urban areas at the time of independence.
The agricultural sector suffered from low productivity and had a low contribution to GDP.
Low levels of industrialization, limited access to education and healthcare, and unemployment significantly contributed to poverty in India on the eve of independence.
The Indian economy on the eve of independence was characterized as having a “dual economy”, reflecting a mixture of feudalistic and capitalist modes of production.
Limited industrialization, dependence on agriculture, and a large rural population were key characteristics of the Indian economy at the time of independence.
Dadabhai Naoroji, V.K.R.V. Rao, and R.C. Desai were notable individuals who attempted to estimate India's national and per capita income.
India's per capita output grew by an average of 0.5% per year during the first half of the twentieth century.
The British government heavily influenced India's foreign trade, fostering a system of unequal exchange and favoring British exports.
Indigenous industries were destroyed by the systematic exploitation of the Indian market for British products.
British rule had a devastating impact on India's economy, leaving behind a fragile agricultural base, limited industrialization, and widespread poverty.

Test your knowledge on the impact of British rule on the Indian economy, including exploitation of the agricultural sector, destruction of local industries, and trade policies that favored British products. Prepare for questions related to the economic consequences of British colonialism in India.