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Explanation:

Option 1 is mentioned in the last sentence of the fourth paragraph. Option 2 is correct as per the sixth paragraph. Option 3 is true as per the first sentence of the second paragraph. However, as per the fifth paragraph, India was one of the largest creditors of Britain after the Second World War. Thus option 4 wrongly states that India owed a large financial debt to Britain. Hence, the correct answer is option 4.

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