Under the forceful thrust of British rule, a rapid transformation of the Indian economy took place. In this context, which of the following statements is /are correct ? i 1. Indian economy was transformed into a colonial economy in the 19th century whose-

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Q: 82 (CDS-II/2014)
Under the forceful thrust of British rule, a rapid transformation of the Indian economy took place. In this context, which of the following statements is /are correct ? i
1. Indian economy was transformed into a colonial economy in the 19th century whose- structure was deter- mined by Britain’s fast developing industrial economy.
2. The influx of cheap Indian products into England gave a great blow to English textile industries.
3. The 19th century saw the collapse of the traditional Indian village economy and fresh economic alignment along commercial lines.
Select the correct answer using the code given below:

question_subject: 

History

question_exam: 

CDS-II

stats: 

0,66,28,66,12,3,13

keywords: 

{'indian economy': [0, 3, 3, 5], 'colonial economy': [0, 0, 0, 1], 'industrial economy': [0, 0, 0, 1], 'traditional indian village economy': [0, 0, 0, 1], 'fresh economic alignment': [0, 0, 0, 1], '19th century': [3, 0, 1, 10], 'english textile industries': [0, 0, 0, 1], 'british rule': [4, 1, 10, 6], 'rapid transformation': [0, 0, 0, 1], 'cheap indian products': [0, 0, 0, 1]}

The correct answer is option 1: 1 and 3.

Explanation:

Statement 1 is correct. Under British rule in the 19th century, the Indian economy was transformed into a colonial economy, heavily influenced and structured by Britain`s fast developing industrial economy. India became a supplier of raw materials and a market for British manufactured goods. The British introduced railways, canals, and telegraph lines, which were aimed at better integrating India into their global trading network.

Statement 2 is incorrect. The influx of cheap Indian products into England did not give a great blow to English textile industries. In fact, British textile industries benefited from India`s raw materials and the Indian market for their products. The British imposed high tariffs on Indian textiles to protect their own industries.

Statement 3 is correct. The traditional Indian village economy faced significant challenges and underwent a collapse in the 19th century due to British policies and the introduction of new commercial systems. The British discouraged Indian industries and handicrafts and promoted cash-crop agriculture instead. This led to a shift from a self-sufficient village economy to a more commercialized economy aligned with British interests.

Overall, the British rule had a profound impact on the Indian economy, transforming it into a colonial economy and disrupting traditional economic structures.