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A phase (1757-1813) of British exploitation of India was marked by direct plunder and the East India Company’s monopoly trade. This period is referred to as the
- a)Marcantilist phase.
- b)Free-trader industrial capitalist phase.
- c)Finance-imperialism phase.
- d)None of these.
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
A phase (1757-1813) of British exploitation of India was marked by dir...
The British interference in Indian politics and economy started from 1757 and since then, for roughly two centuries, she stood as the main base of the British Empire. The net outcome was the utter exploitation of India. The history of the exploitative role of British-India can be conveniently grouped into three periods:
The first is the period of ‘merchant capital’ dating from 1757 to 1813. This ‘mercantilist’ phase was marked by direct plunder and the EIC’s monopoly trade functioning through the investment of surplus revenues in the purchase of Indian finished goods for export to England and Europe.
The first is the period of ‘merchant capital’ dating from 1757 to 1813. This ‘mercantilist’ phase was marked by direct plunder and the EIC’s monopoly trade functioning through the investment of surplus revenues in the purchase of Indian finished goods for export to England and Europe.
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A phase (1757-1813) of British exploitation of India was marked by dir...
's acquisition of political power. This period, known as the British Raj, saw the East India Company become a dominant force in India, controlling vast territories and resources.
During this phase, the British East India Company established a monopoly on the trade of Indian goods, such as cotton, silk, tea, and opium. They also imposed heavy taxes on Indian farmers, causing widespread poverty and famine.
The East India Company also began to expand their political power, using military force to conquer and annex Indian territories. They established a system of indirect rule, where they appointed Indian rulers as puppets, giving them limited powers while retaining ultimate control.
The British Raj period also saw the introduction of English education and the spread of Christianity in India. While this brought Western ideas and technology to India, it also led to the erosion of traditional Indian culture and values.
The exploitation of India during the British Raj period had a profound impact on Indian society and economy, and the legacy of this period is still felt today. It is often seen as a symbol of colonialism and imperialism, and has been the subject of much debate and criticism.
During this phase, the British East India Company established a monopoly on the trade of Indian goods, such as cotton, silk, tea, and opium. They also imposed heavy taxes on Indian farmers, causing widespread poverty and famine.
The East India Company also began to expand their political power, using military force to conquer and annex Indian territories. They established a system of indirect rule, where they appointed Indian rulers as puppets, giving them limited powers while retaining ultimate control.
The British Raj period also saw the introduction of English education and the spread of Christianity in India. While this brought Western ideas and technology to India, it also led to the erosion of traditional Indian culture and values.
The exploitation of India during the British Raj period had a profound impact on Indian society and economy, and the legacy of this period is still felt today. It is often seen as a symbol of colonialism and imperialism, and has been the subject of much debate and criticism.
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A phase (1757-1813) of British exploitation of India was marked by direct plunder and the East India Company’s monopoly trade. This period is referred to as thea)Marcantilist phase.b)Free-trader industrial capitalist phase.c)Finance-imperialism phase.d)None of these.Correct answer is option 'A'. Can you explain this answer?
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A phase (1757-1813) of British exploitation of India was marked by direct plunder and the East India Company’s monopoly trade. This period is referred to as thea)Marcantilist phase.b)Free-trader industrial capitalist phase.c)Finance-imperialism phase.d)None of these.Correct answer is option 'A'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about A phase (1757-1813) of British exploitation of India was marked by direct plunder and the East India Company’s monopoly trade. This period is referred to as thea)Marcantilist phase.b)Free-trader industrial capitalist phase.c)Finance-imperialism phase.d)None of these.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A phase (1757-1813) of British exploitation of India was marked by direct plunder and the East India Company’s monopoly trade. This period is referred to as thea)Marcantilist phase.b)Free-trader industrial capitalist phase.c)Finance-imperialism phase.d)None of these.Correct answer is option 'A'. Can you explain this answer?.
A phase (1757-1813) of British exploitation of India was marked by direct plunder and the East India Company’s monopoly trade. This period is referred to as thea)Marcantilist phase.b)Free-trader industrial capitalist phase.c)Finance-imperialism phase.d)None of these.Correct answer is option 'A'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about A phase (1757-1813) of British exploitation of India was marked by direct plunder and the East India Company’s monopoly trade. This period is referred to as thea)Marcantilist phase.b)Free-trader industrial capitalist phase.c)Finance-imperialism phase.d)None of these.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A phase (1757-1813) of British exploitation of India was marked by direct plunder and the East India Company’s monopoly trade. This period is referred to as thea)Marcantilist phase.b)Free-trader industrial capitalist phase.c)Finance-imperialism phase.d)None of these.Correct answer is option 'A'. Can you explain this answer?.
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