Consider the following statements :
- 1.The "Bombay Manifesto" signed in 1936 openly opposed the preaching of socialist ideals.
- 2.It evoked support from a large section of business community from all across India.
Which of the statements given above is/are correct?
- A.1 only
- B.2 only
- C.Both 1 and 2
- D.Neither 1 nor 2
▶ Answer & Explanation
Correct answer: C. Both 1 and 2
The Bombay Manifesto of 1936 was a declaration by Indian industrialists and merchants, primarily influenced by the Swadeshi Steam Navigation Company and the Indian Merchants' Chamber, that expressed concern over the growing socialist and communist ideologies gaining traction among some nationalist leaders and within labour movements. It sought to counter these influences by emphasizing the importance of private property and a capitalist framework for India's development, thereby opposing socialist ideals. However, the support it garnered was largely concentrated within the business community of Bombay and other major commercial centres, rather than being a nationwide phenomenon across all sections of the Indian business community.
Source: UPSC gs1 2010