History · Colonial Economy
Consider the following statements regarding India's trade during colonial rule: 1. India predominantly exported raw materials and imported manufactured goods. 2. India maintained a trade surplus with Britain, resulting in a net inflow of wealth. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither 1 nor 2
- 2Only 2
- 3Only 1✓
- 4Both 1 and 2
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Only 1
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