Statement I: The economy of India in the 19th century came to a state of ruin under English East India Company. Statement II: English East India Company’s acquisition of Diwani right led to the miseries of the peasants and those associated with the traditional handicrafts industry of India. Options: A . &nbspBoth the statements are true and Statement II is the correct explanation of Statement I B . &nbspBoth the statements are true, but Statement II is not the correct explanation of Statement I C . &nbspStatement I is true, but Statement II is false D . &nbspStatement I is false, but Statement II is true

Statement I:The economy of India in the 19th century came to a state of ruin und

Question

Statement I:
The economy of India in the 19th century came to a state of ruin under English East India Company.
Statement II:
English East India Company’s acquisition of Diwani right led to the miseries of the peasants and those associated with the traditional handicrafts industry of India.

Options:

A . Both the statements are true and Statement II is the correct explanation of Statement I

B . Both the statements are true, but Statement II is not the correct explanation of Statement I

C . Statement I is true, but Statement II is false

D . Statement I is false, but Statement II is true

Answer: Option A
Answer: (a)
Both statements are true and statement ll is the correct explanation of statement I Britain ruined India’s previous economy and industries as a result of Britain forcing them to import their goods from Britain and not buy their own goods from India.
Industries such as the handmade cloth industry, clock-making, metal, and carpentry industries, fell because cloth was made of better quality for cheaper in Britain because of mass production.

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