Indian Economic Development

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Questions and Answers

What was the primary objective of the book 'Indian Economic Development'?

  • To familiarise readers with the basic features of the Indian economy and its development
  • To discuss the role of India in the global economy (correct)
  • To formulate India's post-independence development strategy
  • To evaluate the impact of British colonial rule on India's economy

When did India finally win its independence?

  • October 2, 1948
  • August 14, 1945
  • August 15, 1947 (correct)
  • September 2, 1946

What was the sole purpose of the British colonial rule in India?

  • To reduce India to being a raw material supplier for Great Britain's industrial base (correct)
  • To improve India's agricultural sector
  • To promote Indian handcraft industries
  • To develop India's industrial base

What was India's economy characterised by before the advent of the British colonial rule?

<p>Agriculture-based economy with thriving manufacturing industries (A)</p> Signup and view all the answers

What was the primary source of livelihood in India before the British colonial rule?

<p>Agriculture (D)</p> Signup and view all the answers

What was India known for in terms of products before the British colonial rule?

<p>Textiles, precious stones, and handicrafts (D)</p> Signup and view all the answers

What was the main reason for Britain's interest in India?

<p>To exploit India's resources for its own industrial growth (B)</p> Signup and view all the answers

What shaped India's post-independence development strategy?

<p>The country's economic past (B)</p> Signup and view all the answers

What was the nature of the relationship between India and Britain during the colonial period?

<p>Exploitative (B)</p> Signup and view all the answers

What was the significance of the industrial base in Britain during the colonial period?

<p>It was rapidly expanding (D)</p> Signup and view all the answers

What was the role of India in the global economy during the colonial period?

<p>A supplier of raw materials (A)</p> Signup and view all the answers

What was the impact of the British colonial rule on India's manufacturing sector?

<p>It led to stagnation and decline (C)</p> Signup and view all the answers

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