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    Indian Economy - DPP 01

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    mandipudavat05

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    Indian Economy - DPP 01

    Uploaded by

    mandipudavat05
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    Indian Economy _ DPP 01

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    14 views3 pages

    Indian Economy - DPP 01

    Uploaded by

    mandipudavat05

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    4/23/24, 10:07 AM CA_DPP 1

    CA

    Sampurna May/June
    Sampurna June 2024
    2025
    Business Economics DPP: 1

    Indian Economy

    Q1 Which book is considered to be the Handbook taxes.


    of political Philosophy during 321-296 BCE? (C) Bulk of Indian trade was done with countries
    (A) Rajtarangini except Britain
    (B) Natyashasthra (D) None of the above
    (C) Arthashasthra
    Q7 In which city British East India company has set
    (D) Raghuvansan
    up
    Q2 The arthshastra was composed by its factory in India?
    (A) Megasthenes (A) Cochin (B) Kolkatta
    (B) Kautilya or Chanakya (C) Calcutta (D) Surat
    (C) Chandragupta Maurya
    Q8 During the period of British Rule, exports of
    (D) None of the above
    finished goods were relatively----------and
    Q3 Kautilya's writings relate to statecraft--------- the imports--------
    ------ (A) Costlier, Cheaper
    (A) Political science (B) Cheaper, cheaper
    (B) Economic policy (C) Cheaper, Costlier
    (C) Military strategy (D) Costlier, Costlier
    (D) All of the above
    Q9 The main feature and nature of our Indian
    Q4 Which year East India Company established its Economy
    factory at Patna, Bihar? is harmonious blendings of------------------
    (A) 1620 (B) 1632 -- which was
    (C) 1621 (D) 1622 damaged because of British colonialism and
    destroyed long established production
    Q5 Who was the ruler of India at the time of
    structure.
    establishment of East India Company?
    (A) Domestic Trade of cereals
    (A) Jahangir
    (B) Agriculture and handicrafts
    (B) Shershahsuri
    (C) Export of Raw materials
    (C) Akbar
    (D) Supply of Natural resources
    (D) Aurangzeb
    Q10 The waves of colonialism have impacted
    Q6 The British introduced a 'policy of one-way free
    (A) Employment Sector
    trade'.' What does it mean?
    (B) Agricultural sector
    (A) The British goods were levied tax to enter in
    (C) Taxation sector
    India
    (D) All of the above
    (B) The English exporters were favoured while
    Indian exports were charged with heavy

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    CA

    Answer Key
    Q1 (C) Q6 (B)

    Q2 (B) Q7 (D)

    Q3 (D) Q8 (A)

    Q4 (A) Q9 (B)

    Q5 (C) Q10 (D)

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    CA

    Hints & Solutions


    Q1 Text Solution: charged by India,purpose was to not allow
    Arthshastra is a book which combines role of India to eran any tax revenue from this trade.
    state in ant economy hence this book is preferd Q7 Text Solution:
    most. Surat was the first city which britishers chose to
    Q2 Text Solution: start their manufacturing in india
    In that era in gurukul chanakya used to be the Q8 Text Solution:
    teacher of arthshastra hence he defined and britishers intentionally did this because they
    composed it in that time . used to import raw material from India at
    Q3 Text Solution: cheaper rate and after converting it into
    Kautilya combined both political role and finished goods they used to sell it at Highrate to
    financial role to prosper an economy hence it exploit indians.
    covers all of the above Q9 Text Solution:
    Q4 Text Solution: India was always a known economy for
    it was the first time when britishers started their Agriculture and Handicraft exports but by
    venture in india through east India company applying colonial rule and divide and rule policy

    Q5 Text Solution: britishers destroyed our strength and whole

    No explanation required,. production structure and they used our


    resources for their benefit.
    Q6 Text Solution:
    Free trade means if any import or export will be Q10 Text Solution:

    done from india to britain then no tax will be colonial rule was britisher's strategy to destroy
    our economy hence it affected all the sectors.

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