arrow
arrow
arrow
Which best describes India’s foreign trade pattern at the time of independence?
Question

Which best describes India’s foreign trade pattern at the time of independence?

A.

Export capital goods, import consumer goods

B.

Export finished goods, import raw materials

C.

Balanced trade

D.

Export raw materials, import manufactured goods

Correct option is D

The correct answer is (d) Export of raw materials and import of manufactured goods
Explanation:
. India exported cotton, jute, raw silk.
. Imported British manufactured goods.
. Trade served colonial interests.
. Export surplus drained away.
. Weakened Indian industries.
Information Booster:
. Home Charges paid from trade surplus.
. Reinforced dependency economy.

Free Tests

Free
Must Attempt

CBT-1 Full Mock Test 1

languageIcon English
  • pdpQsnIcon100 Questions
  • pdpsheetsIcon100 Marks
  • timerIcon90 Mins
languageIcon English
Free
Must Attempt

RRB NTPC Graduate Level PYP (Held on 5 Jun 2025 S1)

languageIcon English
  • pdpQsnIcon100 Questions
  • pdpsheetsIcon100 Marks
  • timerIcon90 Mins
languageIcon English
Free
Must Attempt

RRB NTPC UG Level PYP (Held on 7 Aug 2025 S1)

languageIcon English
  • pdpQsnIcon100 Questions
  • pdpsheetsIcon100 Marks
  • timerIcon90 Mins
languageIcon English
TEST PRIME

Access ‘RRB NTPC UG CBT-1’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
1 month
students-icon
368k+ students have already unlocked exclusive benefits with Test Prime!
Our Plans
Monthsup-arrow