INSIGHT UPSC QUIZ

GS History Modern India
Q.

Consider the following statements in the context of Indian Capitalists before independence:

1. The Indian capitalist class grew largely as junior partners of foreign capitalist.

2. The capitalist class on the whole was not tied up in a subservient position with pro-imperialist feudal interests either economically or politically.

Which of the statement(s) given above is/are correct?

Explanation:
  • The Indian capitalist class grew from about mid 19th century with largely an independent capital base and not as junior partners of foreign capital or as compradors.

Thus, Option B is Correct.

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