WBCS.LIVE practice question

During which phase of British economic policy in India was the direct plunder of surplus Indian revenues used to buy finished goods for export to England?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Mercantilism (1757–1813)
  2. Free Trade (1813–1858)
  3. Finance Capitalism (1858–1947)
  4. Industrial Capitalism (1757–1813)

Correct answer and explanation

Correct answer: Mercantilism (1757–1813)