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History-CBSE-class-10-->View question


Asked On2017-06-21 08:39:58 by:Amogh

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Amogh

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The Indian merchants and industrialists could grow their business during the First World War.
They were against those colonial policies which restricted their business activities. They wanted protection against imports and a rupee-sterling foreign exchange ratio which would discourage imports.
The Indian Industrial and Commercial Congress was formed in 1920 and the Federation of the Indian Chamber of Commerce and Industries (FICCI) was formed in 1927.
These were the results of attempts to bring the common business interests on a common platform.
For the businessmen, swaraj meant an end to oppressive colonial policies.
They wanted an environment which could allow the business to flourish.
They were apprehensive of militant activities and of growing influence of socialism among the younger members of the Congress.

Answerd on:2017-06-20 Answerd By:Aparna-Dasgupta

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(i) The business classes supported the Civil Disobedience Movement when it was first launched.
(ii) They gave financial assistance and refused to buy or sell imported goods.
(iii) Most businessmen came to see Swaraj at a time when colonial restrictions on business would no longer exist and trade and industry would flourish without constraints.
(iv) But after the failure of the Round Table Conference, business groups were no longer uniformly enthusiastic. So, when the movement was re-launched by Gandhiji, most of them withdrew their support.
(v) They were apprehensive of the spread of militant activities, and worried about prolonged disruption of business.

Answerd on:2019-06-18 Answerd By:avi738

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