Question

Who instituted the Paisa Fund Society and registered it on 16th October 1899 ? 
1. Vasukaka Joshi
2. Antaji Damodar Kale 
3. Moreshwar Gopal Deshmukh 
4. Lokmanya Tilak 

Answer 1

Correct Answer - Option 2 : Antaji Damodar Kale 

The Correct answer is- ​Antaji Damodar Kale.

• Paisa Fund Society Came into existence during the Swadeshi Movement.
• This fund was specifically created for the " Glass Industry".
• Antaji Damodar Kale collected Rs. 5000 from Indian people and started Glass Factory at Talegaon near Pune.
• Even Tilak supported the idea and wrote an article about it in Kesari.
• Later the factory was established.
• This factory is still working near Talegaon and making the glasses of signals for the railway.