Foreign trade means the exchange of goods and services between two or more countries/borders or territories. India has been an important trading nation since ancient times. But the restrictive policies of commodity production,…

Indian Industries During British Rule was a well-known producer of handicraft and textile business. India was also famous for its industries in silk and cotton textiles.

Agriculture in India forms the base of India’s economy. It is the primary occupation for the Indians. India’s economy under the British colonial rule remained fundamentally agrarian, about 85% of the country’s population lived mostly in villages and derived livelihood directly or indirectly from agriculture. Even then the agriculture sector continued to experience stagnation.

The Colonial government followed the policies of protection and promotion of their home country economic interest rather than developing the Indian economy. These policies transformed India into a supplier of raw materials and consumers of finished industrial products from Britain

The financing decision is the second most important decision which the finance manager has to take while deciding the source of finance. In this post, we will learn about the…