History · Colonial Economy
Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: The economic policies pursued by the colonial government in India were concerned more with the protection and promotion of the economic interests of their home country than with the development of the Indian economy. Reason R: Such policies transformed the Indian economy into a supplier of raw materials and a consumer of finished industrial products from Britain. In the light of the above statements, choose the most appropriate answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both A and R are correct and R is the correct explanation of A.✓
- 2A is not correct but R is correct.
- 3A is correct but R is not correct.
- 4Both A and R are correct but R is NOT the correct explanation of A.
Correct answer
Both A and R are correct and R is the correct explanation of A.
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