Briefly discuss the state of infrastructure at the time of Independence.
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The state of infrastructure under the colonial rule can be understood with the help of the following points:
Roads: They roads constructed before Independence, were not fit for modern transport. It was very difficult to reach rural areas during rainy season.
Railways: British rulers introduced railways in India in 1850 and it began its operation in 1853 between Bombay and Thane. It is considered as one of the important contributions of Britishers.
Water and air transport: The colonial rulers took measures for the development of water transport. However, the inland waterways, proved uneconomical as in the case of the coast canal on the Orissa coast. The colonial government also showed way to the air transport in 1932 by establishing Tata Airlines.
Communication: Modern postal system started in India in 1837. The first telegraphy line was opened in 1857.
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Read the passage given below and answer the following questions from 1 to 4. Foreign Portfolio Investors (FPIs) have stepped up purchases of Indian stocks in the past six trading sessions following a meeting between Prime Minister Narendra Modi and top overseas funds on November 5. These investors have pumped in close to Rs. 30,200 crore since the meeting where the government showcased recent reforms as against Rs. 21,826 crore in the whole of October. In November so far, FPIs have invested Rs. 32,777 crore in domestic stocks, driving the Sensex and Nifty to record highs recently. "Lot of investors appreciated the reforms undertaken in agriculture and labour markets and appreciated the opportunities India offered" said a government official. Modi told the fund managers in the interaction that he is open to any feedback the investors may have according to the official. Modi's pitch to global investors comes amidst loose monetary policy followed by global Central Banks that has led to a chunk of that liquidity entering emerging market. Source: Economic Times, Nov. 17, 2020
Reforms undertaken in agriculture and ......... markets have promoted foreign investments.
labour
industry
manager
None of these
Inflow of liquidity in emerging market is due to $\boxtimes\boxtimes\boxtimes\ \boxtimes$ monetary policy.