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Byju's Answer
Standard XII
Economics
Deindustrialising India
Railways beca...
Question
Railways became an important source of drain of wealth due to high returns on foreign investments
A
True
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B
False
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Solution
The correct option is
A
True
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Q.
Both Foreign Direct Investment (FDI) and Foreign Institutional Investor (FII) are related to investment in a country. Which one of the following statements best represents an important difference between the two?
Q.
The Indian Railways and Industry became major areas for British investment after 1813.
Q.
What is meant by Drain of Wealth? How was India's Wealth drained to England?
Q.
The high priest of Drain of wealth theory in India was __________.
Q.
Import & Export require huge amounts of foreign investments.
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