Question

There was no independent development of industries in India during British rule because of the:

• A. Absence of heavy industries
• B. Scarcity of foreign capital
• C. Scarcity of natural resources
• D. Preference of the rich to invest in land

Answer 1

Answer:

D. Preference of the rich to invest in land

• During British Rule preference was given to invest in land by wealthy class is the reason for no independent development of industries.