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Indian Industrialists and Their Suppression by The British

Who among the...

Question

Who among the following set up six joint-stock companies in the 1830s and 1840s?

A

Rabindranath Tagore

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B

Dwarkanath Tagore

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C

Jamsetjee Jeejeebhoy

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D

Seth Hukumchand

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Solution

The correct option is B Dwarkanath Tagore
After making a living through trade, some of the businessmen tried to develop industries in India. One such businessman was Dwarkanath Tagore in Bengal. He made a fortune in the Chinese trade before becoming an investor in industries. He set up six joint-stock companies in the 1830s and 1840s.

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