HISTORY
MISCELLENOUS QUESTIONS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Non-availability of craftsman
|
|
|
Non-availability of raw material
|
|
|
Decline in the quality of production
|
|
|
High tariff rates on export to Britain
|
Detailed explanation-1: -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.
Detailed explanation-2: -Various factors can be attributed to the imminent collapse of the textile and garments industry, chief among them high production costs, lack of market and credit facilities and high labour costs among others.
Detailed explanation-3: -(a) The British Government introduced high tariffs on the import of cotton cloth. (b) Exports of British goods to India increased. (c) Raw cotton exports from India to Britain shot up the prices of cotton. More items