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Question
Till the First World War, a large sector of Indian Industries was controlled by _________.
Till the First World War, a large sector of Indian Industries was controlled by _________.
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Solution
The correct option is D European Managing Agencies
European managing agencies controlled a large sector of Indian industries. Three of the biggest ones were: Bird Heiglers & Co., Andrew Yule, and Jardine Skinner & Co. They mobilised capital, set up joint stock companies and managed them.
European managing agencies controlled a large sector of Indian industries. Three of the biggest ones were: Bird Heiglers & Co., Andrew Yule, and Jardine Skinner & Co.
They mobilised capital, set up joint stock companies and managed them.
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