Choose given statements is true/false:

Due to tight regulations by the British Government, Indian Entrepreneurs failed to do any business.

see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.

An Intiative by Sri Chaitanya

True

False

answer is B.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

The given statement is False.
Despite tight British government regulations and stringent rules, Indian Entrepreneurs were marked as a way to trade and care for their space in the global market. Some Indian Entrepreneurs started to trade instead with Burma, the Middle East, and as well as with East Africa. They gradually accumulated enormous capital through these trading processes. With this, some merchants carried trade within the country and started to trade goods from one place to another. With this started banking practices.
The correct statement is that Despite tight British government regulations and stringent rules, Indian Entrepreneurs were marked as a way to trade and care for their space in the global market.

Watch 3-min video & get full concept clarity