Which of the following Indian bankers financed export agriculture in Central and Southeast Asia in the 19th century?

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Hyderabadi Sindhis and Nattukottai Chettiars

Shikaripuri Shroffs and Hyderabadi Sindhis

Nattukottai Chettiars and Shikaripuri shroffs

All of these

answer is D.

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Detailed Solution

Bankers and businessmen, such as the Hyderabadi Sindhis, Shikaripuri Shroffs and Nattukottai Chettiars, supported export agriculture in Central and Southeast Asia with either their own funds or loans from European banks in the nineteenth century. They even created their own native types of corporate organisations. They had an advanced mechanism for transferring money over long distances. Along with the European colonists, Indian traders and moneylenders entered Africa. However, traders from Hyderabad and Sindh went beyond the borders of European possessions. With the advent of passenger ships, they began to build thriving emporia at busy ports worldwide, selling local and imported curios to visitors whose numbers were starting to rise.

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