Question

What was the result of the fundamental change in the Indian economy after the British rule began?

• A. Indian Economy transformed to net supplier of raw materials
• B. Indian Economy transformed to net supplier of manufactured goods
• C. Indian Economy transformed to net supplier of banking services
• D. Indian Economy transformed to net supplier of IT services

Answer 1

The correct option is A Indian Economy transformed to net supplier of raw materials

British's profits came primarily from the sale of Indian goods abroad. It tried constantly to open new markets for Indian goods in Britain and other countries. Thereby, it increased the export of Indian manufactures and thus encouraged their production.