LITERATURE QUESTIONS
THE VICTORIAN NOVEL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The Company was a militant group that harnessed the power of the navy to compete with the British nation. After taking control of the sea, they took control of the land.
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Britain did not have firm imperial policies, so much activity developed in a semi-structured way. The Company had vast holdings and resources in India, and became the primary gateway through which these items traveled in and out of the country.
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The Company was largely made up of landed gentry from Britain who were elected to run the colonies by their constituents on the mainland.
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The Company held all the wealth of Britain and threatened to bankrupt the nation if they were not permitted to rule their territory.
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Detailed explanation-1: -Its business flooded England with affordable tea, cotton textiles and spices, and richly rewarded its London investors with returns as high as 30 percent.
Detailed explanation-2: -The main reason for the involvement and influence of the EIC in the Indian Subcontinent is trade. They first entered the region as a charted joint-stock company to conduct trade. The trade of spices had proved highly profitable and the British wanted to have a share in this market.
Detailed explanation-3: -As trade expanded, the Company persuaded merchants and traders to come and settle near the factory. By 1696 it began building a fort around the settlement. Two years later it bribed Mughal officials into giving the Company zamindari rights over three villages.
Detailed explanation-4: -After military victories at the battles of Plassey (1757) and Buxar (1764), the EIC was granted the diwani of Bengal – control over the administration of the region and the right to collect tax revenue.