State any two restrictions that were imposed on indian merchants in 19 century
Answers
1.They were barred from trading with Europe in manufactured goods.
2.They had to export only raw materials and good grains-raw cotton, opium, wheat and Indigo- required by the British.
3.Gradual tightening of colonial cap on them,they found limited space to expand their business.
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Restrictions imposed by british government upon indian merchants are given below :
(1). The space within which Indian merchants could function, became limited.
(2). They had to export mostly raw materials and food grains, raw cotton, opium, wheat and indigo required by the British.
(3). Till the first world war, European Managing Agencines controlled a large sector of indian industries.
(4). They were barred from trading with European in manufactured goods.