Question

Which of the following highlights the state of India's international trade during the colonial rule?

• A. Huge industrial production
• B. Export of raw materials and import of finished goods
• C. High per capita income
• D. Impressive growth of service sector

Answer 1

The correct option is B Export of raw materials and import of finished goods

During British rule, India's economy failed to achieve notable progress. India was a mere British colony used for the extraction of raw materials. During that period, India exported raw materials and imported finished goods.