Question

‘The administrative and economic policies of the British were of great importance in India.’Do you agree ?Give reason

Answer 1

Answer:

Drain of wealth means that economic policies of the British in India were primarily motivated to snatch maximum benefits from India's trade. India's foreign trade generated large export surplus. This export surplus did not result in any flow of gold or silver into India.

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Answer 2

yes some of them were of great importance in India