Take the following as truth: Sweeping through the Punjab and Gujarat across to the western end of the Ganga valley, Mahmud of Ghazni (997 1030) used these raids more to finance his empire in Persia and Turkistan than to set up a permanent foothold in India.
Then the following statement: "Mahmud of Ghazni financed his empire in Persia and Turkistan with the help of raids." is true, false, or inconclusive?
Answer: True