Question

Early Nationalist demanded that the government should give loans for the development of Iron, Coal, Paper, and Sugar industries in India. These demands come under _____.

• A. Administrative demands
• B. Economic demands
• C. Constitutional demands
• D. None of above

Answer 1

The correct option is B Economic demands

The economic demands of the nationalists were as below:

1. Reduction in land revenue and protection of peasants against unjust demands of the zamindars.

2. Reduction in expenditure on the army, and the money thus saved to be spent on welfare activities such as health and education.

3. An enquiry into India's growing poverty and famines.

4. Loans for the development of Iron, Coal, Paper, and Sugar industries in India.