INSIGHT UPSC QUIZ

GS History Modern India
Q.

Consider the following statements with regard to Gandhian ideology:

1. It was completely against industrialisation and was follower of self reliant rural economy.

2. It was against investment of foreign capital for development of India.

Which of the statements(s) given above is/are correct?

Explanation:

Statement 1 is incorrect. Gandhi ji was not opposed to modern large scale industry so long as it augmented, and lightened the burden of human labour and not displaces it. He also wanted large scale industry to be owned and controlled by the state and not by private capitalists.

Statement 2 is correct. British economists and administrators echoed for investment of British capital as major instrument for development of India. Indian nationalists including Dadabhai Naoroji, Tilak, Gandhi and Nehru completely rejected the proposal. As per them, Foreign capital underdeveloped the nation than to develop it. It suppressed indigenous capital and made growth difficult. Also, it was politically harmful as it had its impact over the administration.

Thus, Option B is Correct.

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