Topic: Modern Indian history from about the middle of the eighteenth century until the
present- significant events, personalities, issues.
2)The main purpose of regulating acts was to absorb wealth from the banks of ganges and deposit it on the banks of Thames. Evaluate. (250 words)
Key demand of the question
The main focus of the question is on understanding how the economic exploitation of India was carried through the provisions of the regulating act.
Evaluate – When you are asked to evaluate, you have to pass a sound judgement about the truth of the given statement in the question or the topic based on evidences. You have to appraise the worth of the statement in question. There is scope for forming a personal opinion here.
Structure of the answer
Introduction – explain the regulating acts, the purpose they were designed for and other details
- Explain the views of scholars like dada bhai Naoroji etc who had explained how British policies were designed to exacerbate economic exploitation of India.
- Mention the provisions of the regulating acts which led to economic exploitation of India
- Mention facts and figures of trade like export and import data, share of India in world trade in general and textile trade in particular, absence of industries in India etc
Conclusion – Mention your view on the veracity of the above statement.