Is it true that the Indian traders and moneylenders followed European colonists into Africa?

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True

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answer is A.

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Detailed Solution

The above statement is true.
The Indian traders and moneylenders followed European colonists into Africa.
The capital was needed to grow food and crops for the global market. Large plantations borrowed it from markets and banks. The Indian bankers provided loans to several poorer peasants. As European colonists moved into Africa, Indian traders and moneylenders also did. Sindhi traders from Hyderabad, however, traveled well beyond European colonies. Beginning in the 1860s, they created thriving emporia at busy ports worldwide, selling local and imported curios to visitors whose numbers were starting to rise due to creating secure and luxurious passenger vessels.

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