Assertion A The Great Depression of 1929 had an important impact on India rsquo s freedom struggle n...........

Modern Indian History 1921-1932

Assertion(A): The Great Depression of 1929 had an important impact on India’s freedom struggle.

Reason(R): Due to the global crisis, there was a drastic fall in agricultural prices, the mainstay of India’s economy, resulting into farmer’s protest which Indian National Congress articulated in the Gandhian Civil Disobedience Movement of 1930.

Choose the correct answer using the codes given below.

Both A and R are true and R is the correct explanation of A.

Both A and R are true but R is not the correct explanation of A.

A is true but R is false.

A is false but R is true.

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Explanation:

Due to the global crisis, there was a drastic fall in agricultural prices, the mainstay of India’s economy, and a severe credit contraction occurred as colonial policymakers refused to devalue the rupee.
The decline of agricultural prices, which was aggravated by British financial policy in India, made substantial sections of the peasantry rise in protest and this protest was articulated by members of the National Congress.
The effects of the Depression became visible around the harvest season in 1930, soon after Mahatma Gandhi had launched the Civil Disobedience movement in April the same year.