Consider the statements:

1.  Almost 60% of population lived in villages on the eve of Independence.
2.  India was self sufficient in food grains, during Pre-British India.
3.  Britishers encouraged capital goods industry in India.
4.  India was major exporter of finished goods on the eve of Independence
5.  TISCO was established in the year 1907.

Choose the correct answer from the options given below:

(B) and (E) only 

Following are the corrected statements:

1.  Almost 85% of population lived in villages on the eve of Independence.
2.  India was self sufficient in food grains, during Pre-British India.
3.  Britishers discouraged capital goods industry in India.
4.  India was major importer of finished goods on the eve of Independence
5.  TISCO was established in the year 1907.