In the later half of 18th century, East India Company encouraged the manufacture of raw silk in Bengal, but discouraged manufacture of silk fabrics because
A. Indian silk fabrics had lost the market in Europe
B. It wanted to compete with China
C. Export of raw silk was more profitable
D. Raw silk was needed for the home industries
Answer:D
In the later half of 18th century, East India Company encouraged the manufacture of raw silk in Bengal, but discouraged manufacture of silk fabrics because
A. Indian silk fabrics had lost the market in Europe B. It wanted to compete with China C. Export of raw silk was more profitable D. Raw silk was needed for the home industries