1.

Which one of the following statements about the Colonial economy is NOT correct?

A. The British presence inhibited indigenous capitalism
B. Laissez-faire actively promoted indigenous capitalism
C. The ‘white collective monopoly’ came earliest and remained most pronounced in Eastern India
D. The Bombay hinterland was difficult to penetrate before the construction of railways
Answer» C. The ‘white collective monopoly’ came earliest and remained most pronounced in Eastern India


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