History · Modern Indian History
Which of the following statements regarding the economic and political developments in colonial India are correct? A. In 1920, the Associated Chambers of Commerce (ASSOCHAM) was established by European trading interests. B. In 1927, Indian capitalists formed their own apex organization, the Federation of Indian Chambers of Commerce and Industry (FICCI). C. The Cotton Duties Act of 1896 imposed an excise duty on Indian mills to benefit British manufacturers. D. The policy of 'imperial preference' gave tariff concessions to British imported goods. Choose the most appropriate answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1All A, B, C and D
- 2A, B and D only
- 3A, B and C only
- 4A and B only✓
Correct answer
A and B only
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