CBSE Class 12 Economics — Indian Economy on the Eve of Independence

Read the following statements carefully : Statement 1 : During the British rule in India, the export surplus was utilised to import of invisible items from Britain. Statement 2 : Indians paid for the expenses incurred by an office set up by the colonial government in Britain. In the light of above statements, choose the correct option from the following :

(A) State and explain any two changes which were observed in India's occupational structure during the British Rule. OR (B) "The British sought to achieve their vested interest through their policies of infrastructural development in India." Do you agree with the given statement ? Justify your answer with valid explanation.