Quiz 1: IED Ch - 1

If Britain was the ruling Imperial power, India, was it’s ___

• Colony

• Territory

• Neighbor

• Superpower

Answer explanation

Answer: India was a British Colony; therefore, the correct answer is A.

Prior to the establishment of British rule in India, which of the following was/were True for the Indian economy-

• India had an independent economy and flourishing markets;

• Livelihood of Indian people was mainly based on agriculture

• Indian Handicrafts, textile industries and metallic work enjoyed a worldwide market

• All of the above

Answer explanation

The correct option is D; All of the above statements are true with regard to the question.

The person who made the most notable attempt to calculate India’s national income during the British rule in India, on the eve of Indian independence was __

• O Hume

• Dadabhai Naoroji

• Surendra Nath Bonnerji

• Mahatma Gandhi

Answer explanation

Dadabhai Naoroji made the first attempt to calculate India’s national income. Therefore, B is the correct option.

The most predominant sector of the Indian Economy, prior to independence was

• Agriculture sector

• Industry Section

• Service Sector

• Trade Sector

Which of the following was the main reason for stagnation in the agricultural sector during the British rule?

• Technological deceleration

• Problems of irrigation facilities

• Land Settlement systems

• De-industrialization

Answer explanation

Agriculture was mainly stagnated during that time due to the introduction and implementation of Land settlement systems by the British Government. Therefore, C is the correct option.

Production of large amount of cash crops for the purpose of export, is termed as —

• Commercialization of Agriculture

• Commencement of Agriculture

• Commercialization of Industries

• The great Indian Diaspora

Answer explanation

Commercialization of Agriculture is the production of large amount of cash crops during the British rule, for sufficing the export of crops. Therefore, A is the correct option.

Prior to the Independence, which of the following countries, was India’s largest trading partner ?

• Britain

• China

• Brazil

• America

Answer explanation

The correct option is A; The maximum amount of Indian raw materials was exported to Britain.

With reference to Industrial sector , state the correct combination of statements.
1. British wanted to reduce India to a mere supplier of raw materials
2. India was a market for British finished goods.
3. Improvement was the basis of Indian Economy due to the improvement of Industries

• Only 1

• 1 and 2

• Only 3

• All of above

Answer explanation

The correct option is B, as statement 3 is incorrect. There was no signs of improvement of the Industry.

Read the following statement given below and choose the correct alternative
Statement 1- The economic policies pursued by Britishers were concerned with the development of Indian economy
Statement 2- The economic policies of Britishers were concerned to make India supplier of raw material for production in their country

• Both are correct

• Both are incorrect

• Statement 1 is correct and statement 2 is incorrect

• Statement 1 is incorrect and statement 2 is correct

Answer explanation

(d) Statement 1 is incorrect and statement 2 is correct

Read the following statement given below and choose the correct alternative
Statement 1- Before the advent of British rule, kings and nawabs protected handicraft industries.
Statement 2- Handicraft industries were a source of revenue for kings

• Both are correct

• Both are incorrect

• Statement 1 is correct and 2 incorrect

• Statement 1 is incorrect and 2 is correct

Answer explanation

Both statements are correct as before British rule Kings and Nawabs protected the handicraft industry and this way it was flourishing so it was the good source of revenue (tax)