AI-generated practice question — model-generated for extra practice, not a previous-year CBSE board question.
As agricultural prices crashed, Indian peasants fell into debt and sold their jewellery and precious metals to meet expenses, turning India into an exporter of gold during the depression years.
Source: Chapter 3, Section 3.5 – India and the Great Depression
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The key causal chain examiners expect: falling prices → peasant debt → sale of gold/jewellery → India becomes a gold exporter. Mentioning Keynes's comment is optional for 1 mark but adds value if space allows. Do not confuse this with agricultural exports.