From establishing supremacy over trade to the collection of land revenue, there was a clear time frame between the British economic policies. Explain.
Answer: British traders initially came to India for trading purposes. But, with the changing economic condition and interests of Britain, their economic policies in India also changed.
- The East India Company initially followed a mercantilist policy. Company had complete dominance over the trade of India. In this regard, company officers acted as agents of British imperialism in India. Their policies were shaped by events in Britain to suit their interests.
- The first phase of ‘Mercantilism’ (1757–1813) was one of direct plunder, with Indian revenue surpluses being used to buy Indian finished goods exported to England.
- Due to the Industrial Revolution in ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 “Fall down seven times and stand up eight.” – Japanese Proverb
- 2 "There is no passion to be found playing small-in settling for a life that is less than the one you are capable of living." - Nelson Mandela
- 3 “The Mahatma’s vision of a strong and prosperous India – Purna Swaraj - can never become a reality if we do not address the issue of the stranglehold of corruption on our polity, economy and society in general.”
- 4 Discuss some ways and means to prevent unethical behavior among civil servants.
- 5 There is no Code of Ethics prescribed for civil servants in India although such codes exist in other countries. Do you think code of ethics is important to curb corruption? Justify
- 6 Ethical value without institutional support will gradually dissipate. Do you agree? Justify
- 7 The citizens’ voice can be effectively used to expose, denounce and restrain corruption. Do you agree? Justify your answer.
- 8 An emotionally intelligent person can be a good administrator. Do you agree with this view? Justify your answer.
- 9 What is meant by ‘crisis of conscience’? Give an example where such crisis has led to extreme step. 150 words
- 10 What do you understand by inner conscience? Can inner conscience be efficient tool to solve ethical dilemmas?
