The Group Which Dominated Banking and the Textile Industry, and the Group

question 43

Multiple Choice

The group which dominated banking and the textile industry, and the group which dominated trade and manufacturing, respectively, were the

• A)Parsis and Jains.
• B)Jains and Sikhs.
• C)Muslims and Christians.
• D)Kutch and Mahayana Buddhists.
• E)Rajputs and Sunnites.

---

Definitions:

Issuance of Debt

The process by which a company borrows money through the sale of bonds or taking out loans, creating a liability that must be repaid in the future.

Retirement of Debt

The process of paying off debt obligations or securities over time through systematic repayments or a lump-sum payment.

Statement of Cash Flows

A financial report that shows how changes in balance sheet accounts and income affect cash and cash equivalents.

Operating Income

Income generated from regular business operations, excluding expenses and revenues from non-operating activities.