Question

What were the main characteristics of Indian economy before the British Rule in India?

Solution

The village community was self-sufficient, had fairly developed system of handicrafts, trade relationship with outside world, developed indigenous banking and a favourable balance of trade.

Some More Questions From Indian Economy on The Eve of Independence Chapter

What was the state of tertiary sector of the Indian economy on the eve of independence?

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

When did India achieve independence?

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Indian Economy On The Eve Of Independence

What were the main characteristics of Indian economy before the British Rule in India?

Some More Questions From Indian Economy on The Eve of Independence Chapter

What was the state of tertiary sector of the Indian economy on the eve of independence?

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

When did India achieve independence?

What was the purpose of the British colonial rule in India?

What type of Indian economy was at the time when Britishers came to India?

What was the main aim of the Zamindars?

What was the main cause of stagnation in the agricultural sector during the British rule?

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

What was the adverse effect of partition at the time of independence?

What was the intention of the Britishers regarding Industrial develpment in India?

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