NCERT Class 11 Economics Indian Economic Development Chapter 1 Indian Economy on The Eve of Independence Extra Questions and Answers
Class 11 Economics Indian Economic Development Chapter 1 Extra Inside Questions and Answers – Indian Economy on The Eve of Independence. Here in this Page Class XI Students can Learn Extra Questions & Answer 1st Chapter Economics Indian Economic Development fully Inside.
We Provided Here Indian Economy on The Eve of Independence Economics Indian Economic Development Chapter 1 Long Answer Type Question, MCQ Questions & Answer, Short Answer Type Questions (2 or 3 marks), and Very Short answer Type Question (1 marks) Solution.
Class 11 Economics Indian Economic Development Chapter 1 Inside based Question
Economics Indian Economic Development Chapter 1 Indian Economy on The Eve of Independence Class 11 Inside 5 Marks, 3 marks, 2 Marks & And 1 Marks Important Questions and Answers.
1.) The economic policies pursued by the colonial government in India were concerned more with.
(a)the protection and promotion of the economic interests of their home country than
(b) the growth of country
(c) Both (a) and
(d) none of there
Ans – option (a)
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2.) The Tata Iron and Steel Company (TISCO) was incorporated in
(a)1970
(b) 1907
(c) 1989
(b) 1967
Ans – option (b)
3.) The most important characteristic of India’s foreign trade throughout the colonial period was
(a) the generation of capita good
(b) the generation of surplus
(c)the generation ofa large export surplus.
(d) the generation of the large inport surplus
Ans – option (c)
4.) The population of British India were first collected through a census in
(a)1880
(b) 1889
(c) 1990
(d)1881.
Ans – option (d)
5.) The British introduced the railways in India in
(a) 1890
(b) 1849
(c) 1850
(d) 1851
Ans – Option (c)
1.) Which led to the drain of Indian wealth?
Ans – The most important characteristic of India’s foreign trade throughout the colonial period was the generation of a large export surplus. But this surplus came at a huge cost to the country’s economy. Several essential commodities—food grains, clothes kerosene etc. — were scarcely available in the domestic market. Furthermore,this export surplus did not result in any flow of gold or silver into India.Rather, this was used to make payments for the expenses incurred by an office set up by the colonial government in Britain, expenses on war,again fought by the British government, and the import of invisible items, all of items, all of which led to the drain of Indian wealth.
2.) When the railway introduced by British and what are the benefits of this to Indian.
Ans – The British introduced the railways in India in 1850 and it is considered as one of their most important contributions. The railways affected the structure of the Indian economy in two important ways. On the one hand it enabled people to undertake long distance travel and thereby break geographical and cultural barriers while, on the other hand, it fostered commercialisation of Indian agriculture which adversely affected the self-sufficiency of the village economies in India. The volume of India’s exports undoubtedly expanded but its benefits rarely accrued to the Indian people.
3.) What is the primary motive of the colonial government behind the policy of systematically de-industrialising India.
Ans -The primary motive of the colonial government behind this policy of systematically de-industrialising India was two-fold. The intention was, first, to reduce India to the status of a mere exporter of important raw materials for the upcoming modern industries in Britain and, second, to turn India int oa sprawling market for the finished products of those industries so that their continued expansion could been sured to the maximum advantage of their home country.
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