Consider the following statements about Indian trade and commerce in the medieval period : 1. India exported cotton piece goods to the wider world in the medieval period. 2. India received gold and silver from the wider world in lieu of her cotton goods.

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Q: 59 (CAPF/2009)
Consider the following statements about Indian trade and commerce in the medieval period :
1. India exported cotton piece goods to the wider world in the medieval period.
2. India received gold and silver from the wider world in lieu of her cotton goods.
3. India also supplied raw materials to the European industries in the medieval period.
Which of the statements given above is/are correct ?

question_subject: 

History

question_exam: 

CAPF

stats: 

0,75,36,75,7,24,5

keywords: 

{'indian trade': [0, 0, 1, 0], 'cotton goods': [0, 0, 1, 0], 'cotton piece goods': [0, 0, 1, 0], 'medieval period': [1, 0, 1, 1], 'commerce': [0, 3, 5, 10], 'raw materials': [0, 0, 0, 1], 'european industries': [0, 0, 1, 0], 'india': [8, 1, 7, 13]}

The correct answer is option 1: 1 and 2.

Statement 1 is correct. India did export cotton piece goods to the wider world during the medieval period. Indian textiles were highly valued and in demand across regions.

Statement 2 is also correct. India received gold and silver from the wider world in exchange for its cotton goods. These precious metals served as the means of payment for the exported goods.

Statement 3 is not mentioned in the question and therefore cannot be considered for this answer.

In summary, India did export cotton piece goods and received gold and silver in return during the medieval period.