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Question

Which among the following was not one of the ways in which Indian industrialists accumulated wealth?

A
Establishing nuclear powerplants
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B
Establishing mills and factories
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C
Trading networks in foreign nations
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D
Financing other traders
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Solution

The correct option is A Establishing nuclear powerplants
Indian industrialists accumulated wealth through a number of ways. They had trading networks in China, Myanmar, Middle-East, and East Africa. They invested in factories and mills. Many other industrialists made a fortune through banking, moving goods, transfering funds, financing other traders, etc. However, once India became a colony, the conditions of Indian industrialists worsened.

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