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Miscellaneous·2015·Easy

Which one of the following statements with regard to India's economy between 1814 to 1860 is not correct?

Which one of the following statements with regard to India's economy between 1814 to 1860 is not correct?

Options

  1. a.

    Between 1814 and 1850, four commodities dominated India's exports—raw silk, opium, cotton and indigo.

  2. b.

    Between 1814 and 1860, five commodities dominated India's exports—raw silk, opium, cotton, indigo and jute.

  3. c.

    Indigo and raw silk required processing techniques.

    Correct answer
  4. d.

    Indigo and raw silk were financed by foreign capital.

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