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Question
From the following, select the areas where European Managing Agencies invested in India:
From the following, select the areas where European Managing Agencies invested in India:
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Solution
The correct option is C Jute
European Managing Agencies were only interested in certain types of goods. These agencies established coffee and tea plantations on land acquired for cheap from the colonial government. They also invested in mining, indigo, and jute. These products were meant mainly for export and not for consumption in India.
European Managing Agencies were only interested in certain types of goods. These agencies established coffee and tea plantations on land acquired for cheap from the colonial government. They also invested in mining, indigo, and jute. These products were meant mainly for export and not for consumption in India.
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