indian economic development - indian economy on the eve of independence

Class 11 - Indian Economic Development

Indian Economy on the Eve of Independence

Q&A
Question:

What do you understand by the drain of Indian wealth during the colonial period?

Answer:

Drain of wealth means that economic policies of the British in India were primarily motivated to snatch maximum benefits from India’s trade. India’s foreign trade generated large export surplus. This export surplus did not result in any flow of gold or silver into India. There was drain of India’s wealth into Britain. It is clear from the following facts :

  1. The surplus was used to make payments for the expenses incurred by the office set up by the colonial government in Britain.
  2.  The surplus was used to pay expenses on war fought by the British government.
  3.  Surplus was used to pay for the import of invisible items.


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Questions and Answers


Indian Economy on the Eve of Independence - Questions
1.

What objectives did the British intend to achieve through their policies of infrastructure development in India?


Answer
2.

Name some modem industries which were in operation in our country at the time of independence.


Answer
3.

Name some notable economists who estimated India’s per capita income during the colonial period.


Answer
4.

What was the two-fold motive behind the systematic de-industrialisation effected by the British in pre-independent India?


Answer
5.

Highlight the salient features of India’s pre-independence occupational structure.


Answer
6.

When was India’s first official census operation undertaken?


Answer
7.

What was the focus of the economic policies pursued by the colonial government in India? What were the impacts of these policies?


Answer
8.

What do you understand by the drain of Indian wealth during the colonial period?


Answer
9.

Give a quantitative appraisal of India’s demographic profile during the colonial period.


Answer
10.

Underscore some of India’s most crucial economic challenges at the time of independence.


Answer
11.

Indicate the volume and direction of trade at the time of independence.


Answer
12.

Which is regarded as the defining year to mark the demographic transition from its first to the second decisive stage?


Answer
13.

Critically appraise some of the shortfalls of the industrial policy pursued by the British. colonial administration.


Answer
14.

What were the main causes of India’s agricultural stagnation during the colonial period?


Answer
15.

The traditional handicraft industries were mined under the British mle. Do you agree with this view? Give reasons in support of your answer.


Answer
16.

Were there any positive contributions made by the British in India? Discuss.


Answer
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