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Express your ideas about the basic economic infrastructure in India at the time of independence. |
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Answer» During the British rule, basic infrastructure like railways, ports, water transport, posts and telegraph were developed. However, this development was to serve various colonial self-interests and not to improve the basic living of Indians. Two important contributions were the starting of Railways in 1850 and The Reserve Bank of India on April 1, 1935 under the RBI Act of 1934. |
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