CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In which year, the Danish East India company was formed?
A
1614
B
1615
C
1616
D
1716
Explanation: 

Detailed explanation-1: -Christian IV, the king of Denmark created the Danish East India Company on 17 March 1616 CE by issuing a charter.

Detailed explanation-2: -Christian IV, the king of Denmark, established the Danish East India Company on 17 March 1616 CE through a charter.

Detailed explanation-3: -The Danish East India Company established their first factory at Tranquebar in Tamil Nadu in 1620 and Serampur in Bengal in 1676. They were not successful in establishing themselves strongly and therefore, in 19th century they sold all their settlements to the British and went back to their country.

Detailed explanation-4: -Christian IV, the king of Denmark created the Danish East India Company on 17 March 1616 CE by issuing a charter.

Detailed explanation-5: -What was the East India Company? The East India Company was an English company formed for the exploitation of trade with East and Southeast Asia and India. Incorporated by royal charter on December 31, 1600, it was started as a monopolistic trading body so that England could participate in the East Indian spice trade.

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