Consider the following statements regarding the economic and commercial reforms of Tipu Sultan in Mysore: 1. He established a state commercial corporation and set up trading depots in foreign locations such as Muscat, Jeddah, and Aden. 2. He declared a state monopoly over the trade of pepper, sandalwood, and cardamoms. 3. He completely banned the export of agricultural goods to prevent domestic shortages, which led to a decline in Mysore's silk industry. Which of the statements given above are correct?

Options:

  • A: 2 and 3 only
  • B: 1 and 3 only
  • C: 1 and 2 only
  • D: 1, 2 and 3

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