Whose estimate of national income was considered very significant?

1. Dadabhai Naoroji.
2. William Digby.
3. RC Desai.
4. VKRV Rao.

What percentage of India lived in villages at the time of independence?

1. 80 percent.
2. 70 percent.
3. 85 percent.
4. 75 percent.

Which of the following sentences gives best description of the Indian economy during the British rule?

1. India was an agrarian economy.
2. India was a stagnant economy.
3. India was an agrarian economy with rapidly growing population in mass poverty and illiteracy.
4. India was a poor economy.

During the British rule, Island waterway proved to be uneconomical because of:

1. Built at a high cost.
2. Competition from railways.
3. Easy access of airways.
4. Both (a) and (b).

Railways enhanced commercialisation of Indian agriculture, however it leads of which of the following consequences?

1. Affected the self-sufficiency of villages.
2. De-industrialisation of industries.
3. Decline in foreign trade.
4. All of the above.

The introduction of expensive mode of communication, i.e. telegraph serve the purpose of:

1. Maintaining law and order.
2. Maintaining trade.
3. Collect taxes.
4. All of the above.

Initially, the industrial development was confined to the setting up of:

1. Cotton textile mills.
2. Jute textile mills.
3. Cotton and Jute textile mills.
4. Capital goods industry.

What was the growth rate of GDP during British rule?

1. 2 percent.
2. 3 percent.
3. 4 percent.
4. 0.5 percent.

When did the first cotton mill, first jute mill and first coal mine started in India?

1. 1855-60
2. 1850-55
3. 1940-45
4. 1900-1907

Despite being the major source of livelihood, the agriculture sector continued to experience stagnation and deterioration during the British rule in India because of:

1. Decline of handicraft.
2. Land tenure system.
3. Drain of India's wealth.
4. None of the above.