GKwizard

The economic impact of World War I (1914-1918) on India included:

Answer: Option D

World War I created demand for Indian industrial goods and raw materials, boosting some sectors. However, it also disrupted trade, increased government expenditure, and led to inflation and higher taxes.

1
Which of the following best describes the primary objective of India's economic planning since independence?

2
The concept of 'Hindu rate of growth' is often used to refer to:

3
Which of the following was a key recommendation of the Narasimham Committee I (1991)?

4
The 'Washington Consensus' generally advocates for which set of economic policies?

5
What is the primary function of the Goods and Services Tax (GST) Council in India?

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