|Consider the following statements:|
|1. One significant development in the second half of the 19th Century was the establishment of large-scale machine based industries in India.|
|2. The first textile mill was started in Bombay by Cowasjee Nanabhoy in 1863 and the first jute mill in Rishra (Bengal) in 1865. Which of the statement (s) given above is/are correct?|
A) 1 only
B) 2 only
C) Both 1 and 2
D) neither 1 nor 2
Correct Answer: A
Solution :[a] The first Indian cotton cloth mill was established in 1818 at Fort Gloaster near Kolkata, but this mill was a failure. The second mill which was established by KGN Daber in 1854 is called the true foundation of modem cotton industry in India. Its name was Bombay Spinning and weaving Company, Bombay. This is considered as the first successful modem textile mill in India. The first jute mill in India were established in the year 1855. This was established at Rishra in West Bengal. The British East India Company was the very first jute trade in the Indian subcontinent. Being an export oriented industry, it had expanded very swiftly.
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