Pre-Independence India

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Questions and Answers

What was the main focus of the pre-independence evening on Indian economy?

Financial policies and currency reforms
Agricultural reforms and land redistribution (correct)
Industrialization and urban development
Trade relations with neighboring countries

Which factor played a significant role in shaping the Indian economy during the pre-independence era?

Technological advancements and innovation
Foreign aid and investment
Internal political stability
Colonial exploitation and drain of wealth (correct)

What was a key challenge faced by the Indian economy during the pre-independence period?

Dependence on cash crops and monoculture (correct)
Rapid industrialization and urbanization
Excessive government intervention in the market
Overwhelming surplus in agricultural production

What were the economic challenges faced by India during the pre-independence era?

The economic challenges faced by India during the pre-independence era included agrarian distress, lack of industrialization, and exploitation by the colonial rulers. Signup and view all the answers

How did the Indian economy evolve during the pre-independence period?

During the pre-independence period, the Indian economy was primarily agrarian-based, with limited industrialization and heavy dependence on agriculture for livelihood. Signup and view all the answers

What was the significance of the evening before independence for the Indian economy?

The evening before independence marked a significant transition for the Indian economy, symbolizing the beginning of economic independence and the opportunity for self-reliance and economic development. Signup and view all the answers

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