CBSE Class 12 Economics 2026: question 25
Set in the CBSE Class 12 board exam of 2026, paper 58/5/1, section B, question 25, for 1 mark. Try it first; the hints and our step-by-step solution are below.
Q25 · 1 mark · MCQIndian Economy on the Eve of Independence
The export surplus during the colonial rule was used by the Britishers to _________.
(i) Bring gold and silver to India
(ii) Incur expenses on war
(iii) Import invisible items
(Choose the correct option to fill in the blank)
- (A)Only (i)
- (B)(i) and (ii)
- (C)(i) and (iii)
- (D)(ii) and (iii)
Source: official question paper from cbse.gov.in (PDF). See it in the full 2026 board paper, set 58/5/1.
Hints
Open one hint at a time and try again before the next.
Hint 1
Did India gain gold and silver from its export surplus?
Hint 2
Think of the "drain of wealth".
Step-by-step solution
Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.
The export surplus under colonial rule did not bring gold or silver into India.
- 1 mark
It was used to pay for the expenses of the office in Britain set up by the colonial government, expenses on wars fought by the British government (ii), and imports of invisible items (iii). Option (D).
Answer: (D) (ii) and (iii)
Where the marks are
- Export surplus used for war expenses and invisibles (1 mark)
Revise the chapter
- Chapter: Indian Economy on the Eve of Independence (notes, formulas, where marks are lost and every past question)
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