Q7 of 31 Page 4

Why had the Indian Government put barriers to foreign trade and foreign investment after independence? State any one reason. [CBSE 2015]

Indian Government put barriers after independence because they wanted to avoid foreign competition for the domestic producers.

Explanation: No trade barriers would have led to an influx of many cheap goods from abroad. Domestic producers couldn’t have done so well just after Independence.

More from this chapter

All 31 →