Explanation:

- Option 1: Cotton Textile Industry and Jute Industry

- The cotton textile industry in India flourished under British rule, especially with the establishment of industries in Mumbai and Ahmedabad due to their proximity to cotton-growing regions.

- The jute industry was established in and around Kolkata due to easy access to jute production areas in Bengal, with factories emerging in the mid-19th century.

- Option 2: Jute Industry and Iron & Steel Industry

- While the jute industry was established during British rule, the major development of the iron and steel industry began in the early 20th century, especially with the Tata Steel company in 1907.

- Option 3: Cotton Textile Industry and Chemical Industry

- The cotton industry was established, but the chemical industry became more prominent post-independence with industrial policy developments.

- Option 4: Jute Industry and Chemical Industry

- The jute industry existed, but the chemical industry wasn’t prominent during British rule.

Correct Answer: Option 1: Cotton Textile Industry and Jute Industry