Indian Economic Development

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EverlastingBalalaika
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12 Questions

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

To discuss the role of India in the global economy

When did India finally win its independence?

August 15, 1947

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

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

Agriculture-based economy with thriving manufacturing industries

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

Agriculture

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

Textiles, precious stones, and handicrafts

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

To exploit India's resources for its own industrial growth

What shaped India's post-independence development strategy?

The country's economic past

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

Exploitative

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

It was rapidly expanding

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

A supplier of raw materials

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

It led to stagnation and decline

This quiz introduces the basic features of the Indian economy, its development, and its economic past. It covers the country's economy before and after Independence.

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