Q: Which of the following statements about 'Agency Houses' is/are correct? 1. They were important commercial formations in the late eighteenth and nineteenth century India. 2. The operation of managing agencies remained confined to Calcutta. Select the correct answer using the code given below.
(a)1 only
(b)2 only
(c)Both 1 and 2
(d)Neither 1 nor 2
Correct Answer: (a)
The correct answer is (a) '1 only'. Among the 2 statements given, this option correctly identifies which statements are accurate regarding Miscellaneous (General Studies).