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Which statement is false?
  • a)
    On the eve of independence, agriculture was the principal occupation of people.
  • b)
    Indian economy at the time of independence was an industrial economy.
  • c)
    Railways was developed by the British Raj as a means to enlarge the size of market for the British India.
  • d)
    Indian economy served as a source of raw material for the British industry and market for its finished goods.
Correct answer is option 'B'. Can you explain this answer?
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Which statement is false?a)On the eve of independence, agriculture was...
False Statement: Indian economy at the time of independence was an industrial economy.

Explanation:
On the eve of independence, agriculture was the principal occupation of people. The Indian economy was primarily an agricultural economy, and the majority of people depended on agriculture for their livelihood. The industrial sector was underdeveloped and largely controlled by the British. The Indian economy served as a source of raw material for the British industry and a market for its finished goods.

Railways were developed by the British Raj as a means to enlarge the size of the market for the British India. The railway network was primarily used for the transportation of raw materials from the hinterland to the ports for export and finished goods from the ports to the hinterland for consumption.

The Indian economy was not an industrial economy at the time of independence. The industrial sector was underdeveloped, and the majority of industries were controlled by the British. The Indian government took several steps to promote industrial development after independence, such as the establishment of public sector industries, liberalization of the economy, and foreign investment.

In conclusion, Indian economy at the time of independence was primarily an agricultural economy, and the industrial sector was underdeveloped and largely controlled by the British.
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Which statement is false?a)On the eve of independence, agriculture was the principal occupation of people.b)Indian economy at the time of independence was an industrial economy.c)Railways was developed by the British Raj as a means to enlarge the size of market for the British India.d)Indian economy served as a source of raw material for the British industry and market for its finished goods.Correct answer is option 'B'. Can you explain this answer?
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