India’s Economy Between 1814 to 1860 :
Which one of the following statements with regard to India’s economy between 1814 to 1860 is not correct?
- Between 1814 and 1850, four commodities dominated India’s exports-raw silk, opium, cotton and indigo.
- Between 1814 and 1860, five commodities dominated India’s export-raw silk, opium, cotton and indigo.
- Indigo and raw silk required processing techniques.
- Indigo and raw silk were financed by foreign capital.