While British capitalists owned jute mills, most of the cotton mills were owned by _______________.
A
Indian enterprises
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B
Britsih enterprises
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C
French enterprises
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D
American enterprises
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Solution
The correct option is A Indian enterprises The cotton mills were dominated by Indian enterprises and the jute mills were owned by the British capitalists. Cotton mills were opened in Bombay and Ahmedabad, and jute mills proliferated on the Hooghly river banks.