History · Modern Indian History
Which of the following statements regarding the development of modern Indian industry in the first half of the twentieth century is NOT true?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It was dependent on imported equipment.
- 2It faced competition from foreign products.
- 3It faced hostility from the colonial administration.
- 4It was supported by European bankers through long-term loans.✓
Correct answer
It was supported by European bankers through long-term loans.
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