Radhakanta Deb was indeed the first president of the British Indian Association, a significant early political organization. Surendranath Banerjee, along with Anandamohan Bose, founded the Indian Association in 1876, which played a crucial role in mobilizing public opinion and advocating for political reforms. However, Gazulu Lakshminarasu Chetty was associated with the formation of the Madras Native Association, not the Madras Mahajana Sabha, which was founded later by S. Ramaswami Mudaliar and others.