MasteryExams
History • Modern IndiaMedium

The 'Paisa Fund' established in 1905 in Maharashtra to foster indigenous manufacturing and vocational education was championed by:

A. Bal Gangadhar Tilak
B. Lokahitawadi Gopal Hari Deshmukh
C. Mahadev Govind Ranade
D. Lokmanya Tilak and supported by figures like Mahatma Gandhi✓ Correct Answer

💡 Solution & Explanation

The Paisa Fund was initiated by Lokmanya Bal Gangadhar Tilak in Maharashtra during the Swadeshi movement to collect small financial contributions from ordinary citizens to support indigenous industries and technical training. Leaders utilized this mechanism to promote self-reliance and domestic manufacturing before independence.

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