Question:

During the British rule, India’s foreign trade had various features except ________. 
(Choose the correct alternative to fill in the blank):

Show Hint

Under British rule, India's trade was restrictive, controlled by the British, and not free for global markets.
Updated On: Jan 30, 2025
  • Restrictive policies of commodity production, trade, and tariff
  • British monopoly over India’s exports and imports
  • Free trade from India to the rest of the world
  • Large export surplus
Hide Solution
collegedunia
Verified By Collegedunia

The Correct Option is C

Solution and Explanation

During British rule, India’s foreign trade was characterized by restrictive policies, with the British monopolizing exports and imports. There was no free trade as British policies aimed at serving their own industrial interests. India’s export surplus was achieved at the cost of domestic welfare, as the proceeds were often used to meet British administrative and war expenses.
Was this answer helpful?
0
0

Top Questions on Money and Inflation

View More Questions

Questions Asked in CBSE CLASS XII exam

View More Questions