Given below are two statements: Statement I: A large share of the expenditure in the government budget during the colonial period is referred to as Home charges and had to be paid in sterling. Statement II: On the depreciation of the Indian rupee, the expenditure of the colonial government in India used to decrease because of this reason. In the light of the above statements, choose the correct answer from the options given below:
Tap an option to check your answer.
Checking your account…
The Indian economy before and after independence has come up 30 times in 4 exams since 2010.
This question is on Colonial drain of wealth and de-industrialisation, part of The Indian economy before and after independence in Indian Economy.
How British rule transferred resources out of India and weakened its traditional industry.
TestStop has 11 past-paper questions on this subtopic.
Question from the CUET-PG 2023 Shift 2 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.