Q. Which of the following statements correctly explains the impact of Industrial Revolution on India during the first half of the nineteenth century? (UPSC Prelims 2020)
Answer: Indian handicrafts were ruined.
Notes: The correct answer is [A] Indian handicrafts were ruined. The Industrial Revolution in Britain had a devastating "de-industrializing" effect on the Indian economy during the first half of the 19th century.The period is often described by historians as a transition where India was transformed from a leading exporter of finished manufactured goods into a mere exporter of raw materials and an importer of British manufactured products.