Correct Answer: Correct answer is: (A) Railways.
Exam Relevance: UPSC, IAS, Civil Services, Competitive History Exams
Difficulty: Moderate
Concept notes: The British investment in railways was a significant part of their colonial strategy in India, aimed at facilitating the movement of goods and troops, and integrating the Indian economy with the global market.
Common Mistakes: Students may confuse the scale of investment in railways with other sectors like plantations and mines, which were also important but not as capital-intensive.
Explanations: The British invested heavily in the construction of railways in India, which required substantial capital and was the largest single item of British capital investment. Railways were crucial for the economic exploitation of India, enabling the efficient transportation of raw materials to ports and manufactured goods to the interior. This investment was pivotal in shaping the economic landscape of colonial India.
Option Analysis: - Option A: Railways were the single biggest item of British capital investment in India, facilitating economic exploitation and integration with the global market.
- Option B: Plantations and mines were significant but not the largest single item of British capital investment.
- Option C: Banking and insurance were important but not the largest single item of British capital investment.
- Option D: Shipping was important for trade but not the largest single item of British capital investment.
Mnemonic: R - Railways, R - Railroads, R - Resources
IAS UPSC Mathematics Optional Syllabus 2020
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