Question

Why did Indian government put barriers to foreign trade and foreign competition
after independence?
(a) necessary to protect the organisers within the country from foreign competition.
(b) necessary to protect the producers outside the country from foreign competition.
(c) necessary to protect the producers within the country from neighbouring
countries competition.
(d) necessary to protect the producers within the country from foreign competition.​

Answer 1

Answer:

Post-independence India put barriers on its foreign trade as the imports had exceeded exports and the country was in a huge debt. To reverse the debt and improve the country's financial condition the government decided to minimize its imports and foreign investment and maximize exports.