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Question

"At some times and places there will be no roads, docks, harbours, canals, works of irrigation, hospitals, schools, colleges, printing presses, unless the government establishes them".

The above quotation from John Stuart Mill's Political Economy refers to which policy adopted by the Company government?

The correct answer is

Interventionism

The quotation supports interventionism: government may need to establish infrastructure and institutions where private initiative cannot supply them. Mill recognizes exceptions to a general preference for private initiative. The passage concerns a positive public role, rather than a policy of leaving every activity entirely to market forces.

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Important Questions from India under East India Company’s Rule

  1. Which of the Governor Generals adopted the policy of Subsidiary Alliance with Indian States ?

  2. Consider the following statements :

    1. St. Francis Xavier was one of the founding members of the Jesuit Order.

    2. St. Francis Xavier died in Goa and a church is dedicated to him there.

    3. The Feast of St. Francis Xavier is celebrated in Goa each year.

    Which of the statements given above are correct?

  3. The name of Holt Mackenzie is associated with which land settlement policy?

  4. Ilbert Bill was introduced in the Central Assembly during the time of ______

  5. The Treaty of Versailles was signed in the year

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