Question

Which of the following is NOT true in the context of the Marwaris (business community) of India?

• A. They became successful business community during colonial period.
• B. They took advantage while settling in colonial cities such as Calcutta.
• C. Their accumulated wealth had a negative impact on the commercial expansion of the British in India.
• D. They transformed themselves into modern industrialists.

Hint:

Remember the question wants the false statement. Three statements are historical facts about Marwari rise and one is not.

Answer 1

The Correct Option is C

Step 1: Look at what is being asked.
Remember the question wants the false statement. Three statements are historical facts about Marwari rise and one is not. We will work it out by sorting the choices one at a time.

Step 2: Working through the choices, part 1.
Because this is a NOT true question, we test each statement and keep the one that is false.

Step 3: Working through the choices, part 2.
Rise of the community in colonial times is a well known fact, so choice 1 is true and is rejected.

Step 4: Working through the choices, part 3.
Choice 3 says their wealth hurt British commercial expansion. In fact they worked with British firms as agents and lenders, so their wealth helped trade. This claim is false, so choice 3 is selected.

Step 5: Working through the choices, part 4.
Settling in Calcutta (choice 2) and moving into modern industry (choice 4) are also known facts, so both are rejected.

Final Answer:
Only one statement goes against history, so option 3 is the answer. \[ \boxed{\text{Option 3}} \]