How did Indian entrepreneurs face competition from managing agencies?

A. European agencies finance and market control करती थीं / European agencies controlled finance and markets

Step 1: Identify the concept: this is colonial business structure. Step 2: European managing agencies had strong control over resources and markets. Step 3: Remember Indian industry with unequal business environment.

Step 1: concept पहचानें: यह colonial business structure है। Step 2: European managing agencies resources and markets पर strong control रखती थीं। Step 3: Indian industry को unequal business environment से याद रखें।