Which of the following was a european managing agency?
(a)-TATA Iran and Steal Comapany
(b)-Andrew Yule
(c)-Elgin mill
(d)-Birla Industries
Answers
Answered by
15
Answer:
Andrew yule..... ...........
Answered by
4
Andrew Yule was a European managing agency.
Explanation:
- European managing agency is a dominated industrial production in India.
- This agency is interested in only certain products types.
- They aid in Acquiring land at cheap rates from the colonial government, they also established tea and coffee plantations.
- They invested money in mining, indigo and jute.
- Most of these products were used for export trade.
- Most of the Indian industries were controlled by this European agencies during the first world war.
- These agencies mobilized capital, established joint stock companies and managed them.
Learn more about European managing agency:
Explain the role of european managing agencies in india
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Why were the European managing Agencies interested in certain kinds of products only
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