Economics · Indian Economy on the Eve of Independence
Consider the following statements regarding India's foreign trade at Independence: 1) Export of raw materials 2) Import of manufactured goods 3) Trade benefited Indian industries 4) Trade served colonial interests. Which of the statements given above are correct?
- 11 and 2 only
- 21, 2 and 3 only
- 32 and 4 only
- 41, 2 and 4 only✓
Correct answer
1, 2 and 4 only
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