Question

Which of the following statements is/are true about Jamsetjee Jeejeebhoy?

• A. He used his wealth for the betterment of society.
• B. He started out in textile industry.
• C. He used trade networks to make a fortune.
• D. In 1850, British government bestowed him with Knighthood.

Answer 1

Answer: (A), (C)

The correct options are
A He used his wealth for the betterment of society.
C He used trade networks to make a fortune.

Sir Jamsetjee Jeejeebhoy was one of the pioneering Indians who used trade networks to make a fortune.He used a lot of his wealth for the betterment of society by building hospitals, schools and charity homes among other things. The British government too recognised his services and conferred a knighthood on him in 1842. He started out in the opium trade.