Which of the following is/are cause(s) of slow growth of private enterprises in India’s industrialization (1850-1957)? Options: A . &nbspBanking was not highly developed & was more concerned with commerce rather than industry. B . &nbspUnimaginative private enterprise, short-sighted Indian industrialists. C . &nbspcomplete absence of financial institutions to help transfer of savings to industrial investment. D . &nbspAll of these

Which of the following is/are cause(s) of slow growth of private enterprises in

Question

Which of the following is/are cause(s) of slow growth of private enterprises in India’s industrialization (1850-1957)?

Options:

A . Banking was not highly developed & was more concerned with commerce rather than industry.

B . Unimaginative private enterprise, short-sighted Indian industrialists.

C . complete absence of financial institutions to help transfer of savings to industrial investment.

D . All of these

Answer: Option D
Answer: (d)Causes of slow growthBritish ruleLack of social mobilityShortage of capitalUnder developed capital marketAgrarian systemDecline of Indian CraftsLack of Indian infrastructureShortage of skilled labour

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