History · Economic History of Modern India
Which of the following statements about the Indian capitalist class during the national movement is INCORRECT?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It experienced rapid growth and diversification from the First World War onwards.
- 2It wholeheartedly supported all civil disobedience and mass struggles launched by the Indian National Congress without reservation.✓
- 3It had captured most of the domestic market by the time India gained independence.
- 4It accounted for over 80% of the deposits in the organized banking sector at the onset of independence.
Correct answer
It wholeheartedly supported all civil disobedience and mass struggles launched by the Indian National Congress without reservation.
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