MCQs:

1. Who was Dwarkanath Tagore?

   – A) Founder of Bombay Cotton Mills

   – B) A prominent China trader and industrialist in Bengal

   – C) British officer in East India Company

   – D) Leader of Indian National Congress

2. Which of the following businessmen was associated with the China trade?

   – A) Jamsetjee Nusserwanjee Tata

   – B) Mahatma Gandhi

   – C) Jawaharlal Nehru

   – D) Subhas Chandra Bose

3. Seth Hukumchand was known for establishing which industry?

   – A) Steel Industry

   – B) Jute Mill

   – C) Tea Plantation

   – D) Shipbuilding

4. What role did European Managing Agencies play in Indian industries?

   – A) They were limited to trading in spices

   – B) They controlled large sectors of Indian industries

   – C) They had no influence over Indian industries

   – D) They only financed British industries

Answers and Explanations:

1. B) A prominent China trader and industrialist in Bengal – Dwarkanath Tagore made his fortune in the China trade before investing in industrial enterprises.

2. A) Jamsetjee Nusserwanjee Tata – Tata accumulated wealth partly from China trade.

3. B) Jute Mill – Seth Hukumchand established the first Indian jute mill in Calcutta.

4. B) They controlled large sectors of Indian industries – European Managing Agencies controlled many Indian industries, managing capital and business decisions.