Question

How did the purpose of India's foreign trade change from pre-independence to the present day?

Options

• It remained focused on serving British economic interests throughout

• It changed from promoting industrialization to exporting only raw materials

• It changed from promoting India's growth to serving British interests

• It changed from serving British economic interests to promoting India's economic growth and development

Answer 1

Pre-independence, the purpose of India's foreign trade was to serve British economic interests. Present-day India's foreign trade is conducted to promote India's economic growth and development, reflecting India's status as a sovereign nation pursuing its own economic goals.