Question:medium

Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: The primary cause of India's recurring balance of payment surplus with Britain during the colonial periods was ‘Home-charges'. Reason R: ‘Home-charges' included expenses such as pension to British officers, interest on India's Public debt held in Britain and salaries paid in England.

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In colonial Indian economy, Home Charges were payments made to Britain and were an important part of the economic drain from India.
Updated On: May 22, 2026
  • Both A and R are correct and R is the correct explanation of A
  • Both A and R are correct but R is NOT the correct explanation of A
  • A is correct but R is not correct
  • A is not correct but R is correct
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The Correct Option is A

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