New political and economic situation created during World War I in India
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Answer : THE FIRST WORLD WAR CREATED A NEW ECONOMIC SITUATION IN INDIA WHICH ARE AS:-
I)IT LED TO A HUGE INCREASE IN DEFENCE EXPENDITURE WHICH WAS FINANCED BY WAR LOANS AND INCREASING TAXES.
II)CUSTOMS DUTIES WERE RAISED.
III)INCOME TAX INTRODUCED.
IF THIS ANS HELP YOU THEN YOU CAN MARK ME AS A BRAINLIST IF YOU WANT ONLY THX
Answer : THE FIRST WORLD WAR CREATED A NEW ECONOMIC SITUATION IN INDIA WHICH ARE AS:-
I)IT LED TO A HUGE INCREASE IN DEFENCE EXPENDITURE WHICH WAS FINANCED BY WAR LOANS AND INCREASING TAXES.
II)CUSTOMS DUTIES WERE RAISED.
III)INCOME TAX INTRODUCED.
IF THIS ANS HELP YOU THEN YOU CAN MARK ME AS A BRAINLIST IF YOU WANT ONLY THX
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