Indian Economy on the Eve of Independence

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Questions and Answers

Which industry played a significant role in the Indian economy on the eve of independence?

  • Automobile industry
  • Textile industry (correct)
  • Information technology industry
  • Pharmaceutical industry

Which country was the largest buyer of Indian textiles during the pre-independence era?

  • Germany
  • United States
  • China
  • United Kingdom (correct)

What was the main source of revenue for the Indian government on the eve of independence?

  • Import duties (correct)
  • Income tax
  • Agricultural taxes
  • Corporate taxes

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