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Which Indian city was transformed into a major commercial and financial center during the British colonial era?
  • a)
    Jaipur
  • b)
    Kolkata
  • c)
    Mumbai
  • d)
    Chennai
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Which Indian city was transformed into a major commercial and financia...
The Indian city transformed into a major commercial and financial centre during the British colonial era is:

  • Mumbai (formerly Bombay)


  •  
  • Mumbai's strategic location along the Arabian Sea made it an ideal port for trade.

  • The British developed its infrastructure, including railways and docks, to facilitate commerce.

  • It became a hub for textile mills and other industries, attracting business and investment.

  • By the late 19th century, Mumbai was a key financial center, with banks and stock exchanges.


  •  
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