Prelims MCQ · Modern History and the Freedom Struggle
Match List I with List II:
| List I | List II |
|---|---|
| 1. Merchant Capital stage | a. Monopoly trade and direct appropriation of revenue, with no large-scale import of British manufactures |
| 2. Free Trade stage | b. India developed as a market for British manufactures and a supplier of raw materials and foodgrains |
| 3. Foreign Investment stage | c. British capital entered railways, government loans, trade and selected modern industries amid international competition |
| 4. Relationship among the stages | d. Earlier modes of exploitation continued while being incorporated into newer patterns |
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