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Q.

Choose given statement is true/false:


The East India Company was keen on expanding textile exports from India during the 1760s.


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a

True

b

False 

answer is A.

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Detailed Solution

The above statement is True.
The East India Company was keen on augmenting textile exports from India during the 1760s. This was because there was demand in Europe. Indian textiles were favoured in Europe because of their quality and comfort, which was not there in woollen. The Britishers found that exporting Indian textiles was profitable since the cotton mills in England during this period had not expanded yet.
 
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