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The Establishment of British Supremacy in Trade in India Which among t...
A Imposition of import duties on Indian textiles No worries! We‘ve got your back. Try BYJU‘S free classes today! B Supply of cheap machine-made goods from Britain No worries! We‘ve got your back. Try BYJU‘S free classes today! C Increase in the price of cotton No worries! We‘ve got your back. Try BYJU‘S free classes today! D Import of cheap machine-made goods from US Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
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Solution The correct option is D Import of cheap machine-made goods from US
There are many reasons for the decline of Indian textiles in India and abroad. Import duties were imposed on Indian textile exports to reduce competition for British cotton industries. The EIC sold cheap machine-made goods in the Indian market. Also, the prices of cotton increased with the increase in cotton exports. This forced Indian weavers and craftspersons to buy cotton at such high prices. The production of machine-made goods by Indian industrialists also impacted the conditions of Indian weavers.
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