British Exploitation of Indian Economy

The video discusses the exploitation of the Indian economy under British rule, focusing on three main sectors: agriculture, industry, and international trade. The zamindari system exploited farmers by making zamindars intermediaries who collected revenue, leaving farmers with minimal returns. The industrial sector suffered as British policies destroyed the Indian handicraft market through heavy export duties and duty-free imports of British goods. International trade was manipulated to drain India's raw materials while creating demand for British products. This exploitation led to the stagnation and backwardness of the Indian economy.

What were the three main sectors of the Indian economy targeted by British exploitation?

• Agriculture, Industry, and Trade

• Technology, Transport, and Communication

• Education, Health, and Infrastructure

• Finance, Banking, and Insurance

In the zamindari system, who acted as the intermediaries between the government and the peasants?

• British Officials

• Zamindars

• Farmers

• Merchants

What was the primary role of zamindars in the zamindari system?

• To export agricultural products

• To provide loans to farmers

• To cultivate the land

• To collect revenue from peasants

Which system was primarily responsible for the exploitation of the agricultural sector?

• Mahalwari System

• Zamindari System

• Permanent Settlement

• Ryotwari System

How did the British destroy the Indian handicraft market?

• By promoting local artisans

• By imposing heavy export duties

• By providing subsidies to craftsmen

• By banning handicraft production

What was the effect of duty-free import of British goods on the Indian market?

• Destruction of domestic demand for Indian goods

• Boosted Indian industrial growth

• Encouraged local production

• Increased demand for Indian goods

What was the impact of duty-free export of raw materials from India?

• Encouraged foreign investment

• Boosted Indian economy

• Depletion of raw materials in India

• Increased local production

How did the British create a market demand for their goods in India?

• By reducing prices of Indian goods

• By duty-free import of British goods

• By promoting Indian handicrafts

• By investing in Indian industries

What was the overall impact of British exploitation on the Indian economy?

• Improved agricultural productivity

• Economic stagnation and backwardness

• Rapid industrialization

• Increased foreign trade

What was the main consequence of the British policies on Indian international trade?

• Increased export of finished goods

• Drain of raw materials from India

• Rise in Indian exports

• Boost in local manufacturing