One of the following statements about Indian economy is not true. Identify the false statement.
- Indian agriculture was flourishing before the advent of the British.
- India's foreign trade throughout the colonial period was marked by a large export surplus.
- India had a sound industrial base under the British
- British developed the Railway System in India for their own benefit.
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- India had a sound industrial base under the British
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Similar Questions
- 1View SolutionWhich of the following is not a true statement?
- On the eve of Independence, agriculture was the principal occupation of the people in India.
- Mining is the main secondary occupation.
- Indian manufactured products enjoyed a worldwide market before the British established themselves in India.
- The role of the public sector under the British rule was confined only to a few industries.
- 2View SolutionWhich of the following statements is not true?
- Foreign trade was mainly directed towards Britain and its colonies during British rule.
- India generated export surplus during British rule.
- This export surplus was used for the betterment of Indian economy.
- All of the above.
- 3View SolutionInitially, the industrial development was confined to the setting up of:
- Cotton textile mills.
- Jute textile mills.
- Cotton and Jute textile mills.
- Capital goods industry.
- 4View SolutionWhat was Infant Mortality Rate of India at the time of independence?
- 214 per thousand.
- 218 per thousand.
- 216 per thousand.
- 260 per thousand.
- 5View SolutionWhat percentage of India lived in villages at the time of independence?
- 80 percent.
- 70 percent.
- 85 percent.
- 75 percent.
- 6View SolutionWhich of the following statement(s) is/ are true for British period?
- India attained self-sufficiency in foodgrain production.
- There were check over famines.
- Effective administrative setup.
- All of the above are true.
- 7View SolutionWhat percentage of India was dependent on agriculture at the time of independence?
- 60 percent.
- 80 percent.
- 70 percent.
- 90 percent.
- 8View SolutionWhen was TISCO incorporated in India?
- 1907
- 1850
- 1853
- 1921
- 9View SolutionDuring the British rule, Island waterway proved to be uneconomical because of:
- Built at a high cost.
- Competition from railways.
- Easy access of airways.
- Both (a) and (b).
- 10View SolutionWhen was railways introduced in India?
- 1907
- 1850
- 1853
- 1921