Indian Entrepreneurs Abroad

1. What was the main role of Indian entrepreneurs like Shikaripuri shroffs and Nattukottai Chettiars in Southeast Asia?  

   A) Establishing British colonies  

   B) Financing export agriculture  

   C) Leading independence movements  

   D) Building military bases  

   Answer: B) Financing export agriculture

2. How did Indian entrepreneurs finance export agriculture in Central and Southeast Asia?  

   A) Using government grants only  

   B) Through funds borrowed from British banks  

   C) Using their own funds and loans from European banks  

   D) Solely relying on Indian state subsidies  

   Answer: C) Using their own funds and loans from European banks

3. What system did Indian entrepreneurs develop to manage money over large distances?  

   A) The barter system  

   B) A complex taxation system  

   C) Indigenous forms of corporate organization and money transfer systems  

   D) A stock exchange-based model  

   Answer: C) Indigenous forms of corporate organization and money transfer systems

4. Which Indian trading community ventured beyond European colonies into Africa?  

   A) Gujarati traders  

   B) Hyderabadi Sindhi traders  

   C) Bengali zamindars  

   D) Marwari businessmen  

   Answer: B) Hyderabadi Sindhi traders

5. From which decade did Hyderabadi Sindhi traders establish flourishing emporia at busy ports worldwide?  

   A) 1820s  

   B) 1840s  

   C) 1860s  

   D) 1880s  

   Answer: C) 1860s

6. What products did Indian entrepreneurs primarily sell at their emporia worldwide?  

   A) Heavy machinery and equipment  

   B) Agricultural produce  

   C) Local and imported curios to tourists  

   D) Military supplies  

   Answer: C) Local and imported curios to tourists

7. What was the key factor that boosted global tourism, helping Indian traders abroad?  

   A) Development of railways in India  

   B) Increase in global trade tariffs  

   C) Introduction of safe and comfortable passenger vessels  

   D) Establishment of the East India Company  

   Answer: C) Introduction of safe and comfortable passenger vessels

8. Which Indian entrepreneur group is known for financing agriculture in Southeast Asia?  

   A) Marwaris  

   B) Parsis  

   C) Shikaripuri shroffs  

   D) Zamindars of Bengal  

   Answer: C) Shikaripuri shroffs

9. What type of organization did Indian entrepreneurs create to handle corporate activities abroad?  

   A) Joint-stock companies only  

   B) Sole proprietorships  

   C) Indigenous corporate organizations  

   D) Government-owned enterprises  

   Answer: C) Indigenous corporate organizations

10. Which of the following best describes the activities of Indian traders abroad during the colonial period?  

    A) Political campaigning for independence  

    B) Financing agriculture, trading goods, and establishing emporia  

    C) Converting locals to Indian religions  

    D) Working as colonial administrators  

    Answer: B) Financing agriculture, trading goods, and establishing emporia