MCQ
upsc-p1-history-british-economic-impact MCQ - Practice Questions with Answers
Solve 10 upsc-p1-history-british-economic-impact questions for RAS/RPSC preparation.
Practice questions
Q1Arrange the following developments in chronological order, from the earliest to the latest: A. The Company obtained the Diwani of Bengal, Bihar and Orissa B. Permanent Settlement Regulation C. Charter Act opening Indian trade except the tea and China trade D. Charter Act ending the Company's remaining commercial functions Select the correct answer using the code given below.
The Diwani grant came in 1765, followed by the Permanent Settlement Regulation in 1793. The Charter Act of 1813 opened Indian trade with the tea and China-trade exceptions, and the Charter Act of 1833 ended the Company's remaining commercial functions. Hence the order is A-B-C-D.
Q2Consider the following statements about early economic nationalism: 1. Politically moderate methods could coexist with a sharp economic critique of colonial rule. 2. Nationalist economists rejected every form of modern industry and infrastructure in India. Which of the statements given above is/are correct?
Statement 1 is correct: petitions, speeches and budget criticism used moderate methods but developed a forceful critique of poverty, drain and colonial expenditure. Statement 2 is incorrect because nationalist economics opposed colonial control over the direction, finance and benefits of development, not all modern industry or infrastructure.
Q3With reference to the drain of wealth theory, consider the following statements: 1. It meant only a trade deficit between India and Britain. 2. Home charges and pensions paid abroad were among its channels. 3. Unrequited exports could finance remittances and charges abroad without an equivalent return to India. 4. Exact monetary estimates of the drain vary sharply. Select the correct answer using the code given below.
Statements 2, 3 and 4 are correct. Drain theory covered public finance, remittances and imperial charges, including home charges, pensions and unrequited exports; it was broader than a trade deficit. Its channels are established, but precise monetary estimates differ.
Q4Consider the following statements about the commercialisation of agriculture under British rule: 1. The expansion of market crops could leave cultivators bearing price and credit risks while merchants and colonial agencies controlled credit and sale. 2. The Indigo Revolt of 1859-60 showed that coercive commercial-crop cultivation could provoke organised rural resistance. Which of the statements given above is/are correct?
Both statements are correct. Commercialisation did not necessarily bring prosperity because cultivators could carry market and credit risks. In Bengal, advances, contracts and coercion in indigo cultivation contributed to the organised Indigo Revolt of 1859-60.
Q5Match List I with List II and select the correct answer using the code given below: List I (Thinker/organisation) A. Dadabhai Naoroji B. R.C. Dutt C. M.G. Ranade D. G.V. Joshi and Poona Sarvajanik Sabha List II (Association) 1. Industrialisation, state support and economic reform 2. Land revenue, famine policy and colonial expenditure 3. Drain critique and unrequited exports 4. Budget analysis, petitions and representation
Naoroji developed the drain critique and discussed unrequited exports; Dutt connected land revenue, famines and colonial expenditure; Ranade advocated industrialisation and state support; G.V. Joshi and the Poona Sarvajanik Sabha used budget analysis, petitions and representation. Thus the matching is A-3, B-2, C-1, D-4.
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6With reference to land revenue settlements under British rule, consider the following statements: 1. The Permanent Settlement fixed the state revenue demand with zamindars. 2. Under the Ryotwari system, the state dealt directly with the cultivator. 3. The Mahalwari system was based only on individual ryots and never on a village or estate. Select the correct answer using the code given below.
7Arrange the following in chronological order, from the earliest to the latest: A. Deccan Riots B. Famine Commission associated with relief principles and famine-code thinking C. Publication of Poverty and Un-British Rule in India D. Fiscal Commission associated with tariff autonomy and protection Select the correct answer using the code given below.
8With reference to railways under British rule, consider the following statements: 1. Their existence by itself proves that British rule was economically beneficial overall. 2. Under the guarantee system, Indian revenues bore the risk of assured returns to private British railway companies. 3. Railways aided market integration and raw-material transport while also serving imperial priorities. Select the correct answer using the code given below.
9Match List I with List II and select the correct answer using the code given below: List I (Commission) A. Famine Commission B. Industrial Commission C. Fiscal Commission D. Royal Commission on Agriculture List II (Period) 1. 1916-18 2. 1928 3. 1880 4. 1921-22
10With reference to deindustrialisation in colonial India, consider the following statements: 1. It included the relative and, in many places, absolute decline of traditional handicrafts and artisanal manufacturing. 2. It means that no modern industry emerged anywhere in late colonial India. 3. Colonial policy increasingly made India a supplier of raw materials and a consumer of British finished goods. Select the correct answer using the code given below.