How were these private monopolies indulging in the corruption that C. Rajagopalachari talks about?
Rajagopalachari, a founder of the Swatantra Party, coined the term 'permit-license raj' to encapsulate the party's frustrations with Nehru's policies, writing in his magazine Swarajya: I want the corruptions of the Permit/Licence Raj to go... I want real, equal opportunities for all and no private monopolies created by the Permit/Licence Raj.
How were these private monopolies indulging in the corruption that C. Rajagopalachari talks about?
A. They led to lobbying and personal benefits for big industrial houses.
B. They continued to function even when running into losses.
C. They exploited the people by grossly increasing prices.
D. They could not compete with international products.