In which year was the Indian Industrial and Commercial Congress formed by Indian merchants and industrialists to organise their business interests?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 1920.
- To organise business interests, they formed the Indian Industrial and Commercial Congress in 1920 and the Federation of the Indian Chamber of Commerce and Industries (FCCI) in 1927.
- It was led by prominent Industrialists like Purshottamdas Thakurdas and G.D. Birla.
- They gave financial assistance and refused to buy or sell imported goods.