The impact of the British rule on the Indian economy was disastrous In this regard which of the foll...........

Modern Indian History 1857-1885

The impact of the British rule on the Indian economy was disastrous. In this regard, which of the following were the factors that resulted in stagnation of Indian economy in the 19th century?

1. The ever mounting ‘Home charges’

2. Foreign trade

3. The denial of high posts to Indians

4. The extravagant civil and military administration

5. The continuous drain of wealth from India

Select the correct answer from the code given below:

2,3&4 only

1,3,4&5 only

1,4&5 only

All are correct

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Explanation:

The extravagant civil and military administration , the denial of high post to Indians , the ever mounting “Home Charges”, the continuous drain of wealth from India – all these factors resulted in stagnation of Indian economy. The cumulative effect was increasing misery for the people.