Choose the below statement is true or false;

Dwarkanath Tagore was a poet.

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True

False

answer is B.

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Detailed Solution

The above statement is False.
Beginning in the late eighteenth century, the British in India started importing tea from China and exporting opium to China. Numerous Indians entered this trade as minor participants, offering to finance, acquire materials, and ship shipments. Some of these merchants, who had made their money through commerce, had plans to build up industries in India. Dwarkanath Tagore, a Bengali businessman, acquired his money in the China trade before switching to industrial investing and founding six joint-stock businesses in the 1830s and 1840s. In the larger economic downturn of the 1840s, Tagore's businesses failed alongside others, while many traders of China went on to become prosperous industrialists later in the nineteenth century.
The correct statement is that Dwarkanath Tagore was a Bengali businessman.

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