Read the following passage and answer the item that follow. Your answer to this item should be based on the passage only.
The creation of the Swadeshi Steam Navigation Company marked a spectacular development in the history of the freedom movement. Eager to revive the naval tradition of the Tamils to provide practical training in ship building to the people and determined to challenge the British Monopoly of maritime traffic, V. O. Chidambaram announced his decision in 1906 at Shiyali to create a Navigation Company.
Which one of the following is best implied in the passage?
1
The steam Navigation Company earned a good income in those days which marked an impressive development.
2
The creation of Swadeshi Steam Navigation Company stopped the British Monopoly of Maritime Trade.
3
V.O. Chidambaram was dependent on taking any decision with regards to Navigation Company affairs.
4
The restoration of Tamils Knowledge in the Naval tradition was the objective of the creation of Navigation Company.
5
Answer not known