Modern History MCQ
| East India Company | |||||
Q 1. Consider the following statements with respect East India Company.
1.The East India Company (EIC) was an English and later British joint-stock company founded in 1600. It was granted a Royal Charter by Queen
2.Elizabeth I to trade with the East Indies.
How many of the above statements are correct?
A. Only one pair
B. Only two
C. both
D. None
Ans – c
Explanation :
The East India Company was a powerful and influential British trading company that played a significant role in shaping the history of India and other parts of the world. It was one of the first multinational corporations in the world and was instrumental in expanding British influence and control in Asia during the 17th, 18th, and 19th centuries.
Origins: The East India Company was founded on December 31, 1600, through a royal charter granted by Queen Elizabeth I of England. Its main purpose was to facilitate trade with the East Indies, which included the Indian subcontinent, Southeast Asia, and the Far East. Initially, the company’s main commodities were spices like pepper, cinnamon, cloves, and later textiles and tea.
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