british rule impact on indian economy MCQs set 1 Questions and Answers Detailed Explanation

Question : 1

With reference to the period of colonial rule in India ‘Home Charges’ formed an important part of the drain of wealth from India. Which of the following funds constituted ‘Home Charges’?

1. Funds used to support the Indian Office in London.
2. Funds used to pay salaries and pensions of British personnel engaged in India.
3. Funds used for waging wars outside India by the British.

a) Only 1

b) 1 and 2

c) 2 and 3

d) 1, 2 and 3

Question : 2

Who introduced Ist-e-Marari settlement?

a) Wellesley

b) Warren Hastings

c) Lord Cornwallis

d) Lord Dufferin

Question : 3

Who is the exponent of the Theory of ‘Economic Drain’ of India during the British Rule?

a) M.N. Roy

b) Jai Prakash Narayan

c) Rammanohar Lohiya

d) Dadabhai Naoroji

Question : 4

The term ‘imperial preference’ was applied to the

a) Special privileges on British imports in India

b) Racial discrimination by the Britishers

c) Subordination of Indian interest to that of the British

d) Preference given to British political agents over Indian Princes

Question : 5

Sir Thomas Munro is associated with the land revenue settlement

a) Permanent Settlement

b) Mahalwari Settlement

c) Ryotwari Settlement

d) None of the above

Question : 6

Who of the following were economic critic/critics of colonialism in India?

1. Dadabhai Naoroji
2. G. Subramania Iyer
3. R.C. Dutt

a) Only 1

b) Only 1 and 2

c) Only 2 and 3

d) 1, 2 and 3