Option 1: The statement that the British presence inhibited indigenous capitalism is correct. The British colonization of India resulted in the establishment of a colonial economic system that favored British interests and hindered the development of indigenous capitalism. British policies such as heavy taxation, exploitation of resources, and promotion of British trade led to a decline in indigenous industries.

Option 2: The statement that laissez-faire actively promoted indigenous capitalism is NOT correct. Laissez-faire refers to an economic policy of non-interference by the government in economic activities. However, during the colonial period, the British government actively intervened in the Indian economy to serve its own interests, discouraging indigenous capitalist ventures and promoting British trade and industries instead.

Option 3: The statement that the `white collective monopoly` came earliest and remained most pronounced in Eastern India is correct. The British established a monopoly over trade in certain regions, particularly in Eastern India. This monopoly allowed British traders to control and dominate the trade activities, limiting opportunities for indigenous businessmen.

Option 4: The statement that the Bombay hinterland was difficult to penetrate before the construction of railways is correct. Before the construction of railways in India, the transport and communication infrastructure was limited. This made it challenging to penetrate the remote and inaccessible areas of the Bombay hinter