Which of the following was the most important characteristic of India 39 s trade throughout the colo...........

General Studies (CGL) History

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Which of the following was the most important characteristic of India's trade throughout the colonial period?

This questions was previously asked in

SSC CGL 7 June 2019 Shift-2

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Import surplus

Import deficiency

Export deficiency

Export surplus

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Explanation:

- Option 1: Import surplus - This means the value of imports exceeds exports. During the colonial period, India often faced large-scale import of British goods. Though significant, it wasn't the defining characteristic.

- Option 2: Import deficiency - This is when imports are less than exports. Not typically associated with colonial India's trade dynamic since imports were significant.

- Option 3: Export deficiency - This occurs when export values are less than import values. This doesn't capture the essence of India's trade during that period.

- Option 4: Export surplus - This means exports exceed imports. Colonial India regularly exported raw materials like cotton and jute while importing finished goods, resulting in an export surplus.