QUESTION 1

Which product has been an import export through India's long history?

A. Cotton textiles

B. Copper housewares

C. Wheat

D. Iron ore

QUESTION 2

India has been a prominent participant in world trade for thousands of years.

True

False

QUESTION 3

When did the British begin their control over large segments of the Indian economy?

A. 1490's

B. 1610's

C. 1740's

D. 1760's

QUESTION 4

Which of the following statements about performance of the Indian economy after the 1991 reforms is NOT true?

A. The economy experienced faster GDP growth

B. Important reforms include reduced restrictions on imports and foreign direct investments

C. All groups experienced higher income, but most of the gains were captured by higher-income groups

D. All of these statements are true

QUESTION 5

What was the observed impact of the British Raj on the Indian economy?

A. Lower real wages

B. Slower economic growth

C. Reduced industrialization

D. All of the above