Question

Statement 1: The British policies led to the collapse of India’s world-famous handicraft industries.

Statement 2: During the colonial rule in India, the contribution of the industrial sector to Gross Value Added (GVA) increased significantly.

Options

• Statement 1 is true and Statement 2 is false.

• Statement 1 is false and Statement 2 is true.

• Both Statements 1 and 2 are true.

• Both Statements 1 and 2 are false.

Answer 1

Statement 1 is true and Statement 2 is false.

Explanation:

• British policies, such as high taxes, unfair trade practices, and competition from British goods, led to the decline of India’s renowned handicraft industries.
• However, during colonial rule, the industrial sector's contribution to Gross Value Added (GVA) did not increase significantly, as the focus remained on raw material exports, leading to deindustrialization.