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?

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

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

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

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

<p>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.</p> Signup and view all the answers

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