The correct answer is option 4 - "It was silent on the idea of Universal Brotherhood."

The Theosophical Society, founded by Madam H P Blavatsky, was not silent on the idea of Universal Brotherhood, but rather it actively promoted and emphasized this concept. The goal of the society was to foster understanding, harmony, and unity among all human beings, regardless of their religious, cultural, or social backgrounds.

Option 1 - "It was founded outside India" - This statement is true. The Theosophical Society was founded in New York in 1875, not in India.

Option 2 - "It advocated the revival of ancient religions" - This statement is true. The Theosophical Society sought to explore and study ancient religious traditions to uncover universal spiritual truths.

Option 3 - "It recognized the doctrine of transmigration of soul" - This statement is true. The society acknowledged the belief in the transmigration of the soul, which is the concept of the soul passing into a new body after death.

In conclusion, option 4 is not true, as the Theosophical Society of Madam H P Blavatsky actively promoted the idea of Universal Brotherhood.