Economically, one of the results of the British rule in India in the 19th century was the
- increase in the export of Indian handicrafts
- growth in the number of Indian owned factories
- commercialization of Indian agriculture
- rapid increase in the urban population
The British manufacturers looked upon the East India Company, its monopoly of eastern trade, and its methods of exploitation of India through control of India’s revenues and export trade, to be the chief obstacles in the fulfilment of their dreams.
Between 1793 and 1813, they launched a powerful campaign against the Company and its commercial privileges and finally succeeded in 1813 in abolishing its monopoly of Indian trade.
With this event, a new phase in Britain’s economic relations with India began. Agricultural India was to be made an economic colony of industrial England. The Government of India now followed a policy of free trade or unrestricted entry of British goods.
The correct option is C.