Total Questions: 100

1. What was the prime maker of growth in underdeveloped countries like India under British rule?
A) Finance
B) Land
C) Labour
D) Raw materials

2. During the early days of British rule, why was it difficult to raise capital in India?
A) Lack of natural resources
B) Dampened forces of demand and supply
C) High wages
D) Excessive entrepreneurship

3. What was the British attitude toward industrialization in India before World War I?
A) Unprofitable and unnecessary
B) Highly encouraged
C) Neutral
D) Subsidized

4. What colonial policy dictated that Indian capital be subordinated to British capital?
A) Ryotwari system
B) Permanent Settlement
C) Imperialist capital policy
D) Free trade policy

5. Which system emerged in the early 19th century to overcome lack of entrepreneurship, capital, and managerial skills?
A) Ryotwari System
B) Managing Agency System (MAS)
C) Permanent Settlement
D) Mahalwari System