A) Federation of Indian Chambers of Commerce and Industry (FICCI), founded in 1927, was very soon recognised by the British government as representing the dominant opinion of the Indian capitalist class.
B) Smaller traders and merchants never supported the movement because they suffered a lot during the mass movements.
C) The capitalist class supported the Swadeshi Movement on a large scale.
D) In 1930, Federation of Indian Chambers of Commerce and Industry (FICCI) supported the first round table conference along with liberal nationalists.
Correct Answer: A
Solution :
Smaller traders and merchants actively supported the National Movement on a large scale. The capitalist class was against the Swadeshi Movement. In sharp contrast to the liberal nationalists, FICCI advised its members to boycott the first round table conference in 1930.
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