Question

The structure of India's present-day economy is said to have its roots in which historical period?

Options

• The period of British rule, which lasted almost two centuries

• The post-liberalisation period after 1991

• The period immediately following the framing of the Constitution

• The ancient Vedic period of trade

Answer 1

The structure of India's present-day economy has its roots in history, particularly during British rule, which lasted for almost two centuries before Independence on 15 August 1947. The colonial period therefore forms the historical foundation of the current economic structure.