Single Answer MCQ
Q-00044905
What was the economic impact of the First World War on India?
1
Reduction in taxes
2
Rise in defense expenditure
3
Increased export of goods
4
Improvement in agricultural productivity
Answer and Solution
Answer
B. Rise in defense expenditure
Solution:
The war caused a significant rise in defense expenditure financed by increased taxes, leading to economic strain on the Indian population.
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