INSIGHT UPSC QUIZ

GS History Modern India
Q.

Free trade with Britain led to de- industrialisation of India due to which of the following reasons?

1. Free trade was only one sided as indian goods were charged heavy levies in Britain.

2. Indian hand made goods were at disadvantage in competing with machine based British goods.

3. Indian goods were never popular in western market and Indian weavers had thrived only on Indian market.

Select the correct answer using the code given below.

Explanation:

Statement 1 is correct because while import to India was free , Indian goods were charged at very high duty( like 66.5% on muslin) in britain.

Statement 2 is also correct as Industrial Revolution in England made cost of Foreign goods in India cheaper.

Statement 3 is not correct as inspite of higher prices, Indian goods (specially muslin,silk etc) were very popular in England.

Thus, Option C is Correct.

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