Which of the following best describes the pre-British Indian economy ?

CA Foundation · Business Economics · PYQS · May 2025
Which of the following best describes the pre-British Indian economy ?
(A) A. Dependent on imports for goods
(B) B. Self-sufficient villages and cities which were centers of commerce
(C) C. Focus on industrial production
(D) D. Dominated by foreign trade

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Self-sufficient villages and cities which were centers of commerce

Topics: Indian Economy

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