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Q.

The role of Indian merchants in the network of export trade was


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a

All of the above 

b

Shipping consignments

c

Providing finance

d

Procuring supplies

answer is D.

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Detailed Solution

The role of Indian merchants in the network of export trade was to provide finance, procure supplies, and ship consignments.
From the late eighteenth century, the East India Company started exporting opium to China from India and tea from China to Europe. Indians also became part of this trade. Indians used the money they earned from this trade to develop industrial enterprises in India. Merchants of Madras started trading with Burma, the Middle East and East Africa.
 
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