Question

Which among the following statements are true about the Socio-Economic Reforms demanded by the Early Nationalists?

• A. Growth of modern industries in India through protectionist trade policies
• B. To impose high duties on products exported from India
• C. The reduction of land revenues to help farmers
• D. Impose tax on salt and sugar

Answer 1

Answer: (A), (C)

The correct options are
A Growth of modern industries in India through protectionist trade policies
C The reduction of land revenues to help farmers

To revive the economy, Early Nationalists asked for the growth of modern industries in India through protectionist trade policies. It means that Early Nationalists wanted the government to impose high duties on products imported to India and the government should encourage local industries by providing loans for its development. To help the farmers recuperate from the exploitation of the Zamindars, Early Nationalists demanded the reduction of land revenues. They also supported the fact that farmers should be given cheap credits from banks. They also demanded that tax on salt and the duty on sugar to be discontinued.