Question

Name any two European Managing Agencies which controlled a large sector of Indian industries . Describe any three functions performed bysuch agencies

Answer 1

Answer:

The European managing agencies controlled a large sector of Indian industries . three of the biggest ones were Bird Heiglers & co.; Andrew Yule ; and Jardine skinner & co. 2. these agencies mobilised capital and set up jointstock companies and managed them.

Answer 2

Answer:

The European merchant industrialists had their own chamber of commerce which Indian businessmen were not allowed to add