Question:
Given below are two statements:
Statement I: A large share of the expenditure in the government budget during the colonial period is referred to as Home charges and had to be paid in sterling.
Statement II: On the depreciation of the Indian rupee, the expenditure of the colonial government in India used to decrease because of this reason.
In the light of the above statements, choose the correct answer from the options given below:
Given below are two statements:
Statement I: A large share of the expenditure in the government budget during the colonial period is referred to as Home charges and had to be paid in sterling.
Statement II: On the depreciation of the Indian rupee, the expenditure of the colonial government in India used to decrease because of this reason.
In the light of the above statements, choose the correct answer from the options given below:
Statement I: A large share of the expenditure in the government budget during the colonial period is referred to as Home charges and had to be paid in sterling.
Statement II: On the depreciation of the Indian rupee, the expenditure of the colonial government in India used to decrease because of this reason.
In the light of the above statements, choose the correct answer from the options given below:
Updated On: Mar 11, 2024
- Both Statement I and Statement II are true
- Both Statement I and Statement II are false
- Statement I is true but Statement II is false
- Statement I is false but Statement II is true
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The Correct Option is C
Solution and Explanation
The correct option is(C): Statement I is true but Statement II is false
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