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Q.

Choose the given statement as true/false:


    In the early 19th century, the decline in Indian textile exports was mostly caused by the expansion of the cotton industries in England.


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a

True

b

False  

answer is A.

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Detailed Solution

The above statement is true.
In the early 19th century, the decline in Indian textile exports was mostly caused by the expansion of the cotton industries in England. Along with the growth of England's manufacturing sector, industrial groups had become more worried about the threat posed by imports from other countries. They exerted a lot of pressure on the government to introduce import tariffs on cotton textiles so that goods made in Manchester would be easier to sell in Britain and wouldn't have to compete with goods made in other countries. The British East India Company was convinced that British goods had to be sold in the Indian market. These two factors are to blame for the decrease in Indian textile exports.
 
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