UPSC CDS GS Economy Questions Part 2

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Question : 84 of 100
 
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Under the forceful thrust of British rule, a rapid transformation of the Indian economy took place. In this context, which of the following statements is/are correct ?
1. Indian economy was transformed into a colonial economy in the 19th century whose- structure was deter­mined by Britain’s fast developing industrial economy.
2. The influx of cheap Indian products into England gave a great blow to English textile industries.
3. The 19th century saw the collapse of the traditional Indian village economy and fresh economic alignment along commercial lines.
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[2014 CDS-II]
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