Question 42
MediumOriginal questionAssertion (A): India's export surplus under colonial rule did not benefit the Indian economy.
Reason (R): The surplus was spent on the colonial government's costs in Britain, its wars and invisible items.
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
The money left the country instead of being invested in it.
R explains A.
- Concept
- Drain of wealth
- Typical timeTypical
- 70 s
- Your timeYours
- —
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