✓ Board-verified
Economics · 2025 · 3 marks
CBSE 2025 · Region 5 · Set 3 · Q29
"British colonial rule in India resulted into systematic deindustrialisation of Indian indigenous industries."Explain the two-fold motive of the British with valid arguments."The trade and investment policy initiated by the Indian Government during $\displaystyle 1991$ economic reforms involved some major decision-making with respect to local industries."Elaborate any two major decisions and their respective impacts on the Indian economy.
"British colonial rule in India resulted into systematic deindustrialisation of Indian indigenous industries."
Explain the two-fold motive of the British with valid arguments.
"The trade and investment policy initiated by the Indian Government during $\displaystyle 1991$ economic reforms involved some major decision-making with respect to local industries."
Elaborate any two major decisions and their respective impacts on the Indian economy.
Marking-scheme solution
The two-fold motive of the British colonial rule in India was to:
reduce India to the status of a mere exporter of important raw materials for the upcoming modern industries in Britain.
turn India into a sprawling market for their finished products to ensure the maximum advantage of their home country.
The trade and investment policy reforms initiated by the Indian Government during $\displaystyle 1991$ aimed at dismantling the structure of quantitative restrictions and reduction of tariff rates.
Liberalisation of this policy led to an increase in competitive position of Indian goods in the international markets and inflow of foreign investments and technology.
Practice Indian Economy on the Eve of Independence →All Indian Economy on the Eve of Independence questions
More from Indian Economy on the Eve of Independence
- During the British rule, India’s foreign trade had various features except. (Choose the correct alternative…2024 · asked 3×
- estimates India’s national and per capita income during the colonial era was considered very significant.…2026 · asked 3×
- Read the following statements carefully: Statement 1: The British policies were accountable for…2025 · asked 3×
- The export surplus during the colonial rule was used by the Britishers to. (i) Bring gold and silver to India…2026 · asked 3×
- Discuss any two factors that lead to stagnating Indian agriculture sector during British rule. OR Discuss any…2024 · asked 3×
- “Under the British rule, India underwent systematic economic exploitation with its resources and wealth being…2025 · asked 3×
- Read the following statements: Assertion and Reason (R). Choose the correct alternative from those given…2024 · asked 3×
- Read the following statements carefully: Statement I: Inland waterways proved to be uneconomical as in the…2026 · asked 3×
CBSE Class 12 Economics past-paper question from the 2025board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.