Class 11 Economics - Indian Economic Development - Chapter Indian Economy on the Eve of Independence NCERT Solutions | What do you understand by the drain of I
What do you understand by the drain of Indian wealth during the colonial period?
Dadabhai Naroji advocated the theory of 'Drain of Wealth' in the 19th century. The colonial period was marked by the exploitation of Indian resources. The sole motive of Britain to conquer India was to own a perennial source of cheap raw materials to feed its own industrial base in Britain. Further, British government used India's manpower to spread its colonial base outside India. Also, the administrative expenses that were incurred by the British government to manage the colonial rule in India were borne by Indian Exchequer. Thus, the British rule drained out Indian wealth for the fulfillment of its own interests.
More Questions From Class 11 Economics - Indian Economic Development - Chapter Indian Economy on the Eve of Independence
- Q:-
Indicate the volume and direction of trade at the time of independence.
- Q:-
Critically appraise some of the shortfalls of the industrial policy pursued by the British colonial administration.
- Q:-
When was India’s first official census operation undertaken?
- Q:-
Name some notable economists who estimated India’s per capita income during the colonial period?
- Q:-
Name some modern industries which were in operation in our country at the time of independence?
- Q:-
Highlight the salient features of India’s pre-independence occupational structure.
- Q:-
What were the main causes of India’s agricultural stagnation during the colonial period?
- Q:-
The traditional handicrafts industries were ruined under the British rule. Do you agree with this view? Give reasons in support of your answer.
- Q:-
Give a quantitative appraisal of India’s demographic profile during the colonial period.
- Q:-
What was the focus of the economic policies pursued by the colonial government in India? What were the impacts of these policies?
Popular Questions of Class 11 Economics - Indian Economic Development
- Q:-
What are the two major sources of human capital in a country?
- Q:-
What do you mean by rural development? Bring out the key issues in rural development.
- Q:-
Define a plan?
- Q:-
Who is a worker?
- Q:-
Explain the term ‘infrastructure’.
- Q:-
What is meant by environment?
- Q:-
Why are regional and economic groupings formed?
- Q:-
Why were reforms introduced in India?
- Q:-
Why calorie-based norm is not adequate to identify the poor?
- Q:-
What are the indicators of educational achievement in a country?
Recently Viewed Questions of Class 11 Economics - Indian Economic Development
- Q:-
What do you understand by devaluation of rupee?
- Q:-
Why is agricultural diversification essential for sustainable livelihoods?
- Q:-
Why are regular salaried employees more in urban areas than in rural areas?
- Q:-
Explain the Great Leap Forward campaign of China as initiated in 1958.
- Q:-
Differentiate the six systems of Indian medicine.
- Q:-
Explain the steps taken by the government in developing rural markets.
- Q:-
You are residing in a village. If you are asked to advice the village panchayat, what kinds of activities would you suggest for the improvement of your village which would also generate employment.
- Q:-
What are the functions of the environment?
- Q:-
Define the liberty indicator. Give some examples of liberty indicators.
- Q:-
Evaluate the various factors that led to the rapid growth in economic development in China.
- All Chapters Of Class 11 Economics - Indian Economic Development
- All Subjects Of Class 11