INDIAN HISTORY

Detailed explanation-1: -The East India Company was granted the Royal Charter on 31 December, 1600 by Queen Elizabeth I. As a consequence of this Charter the British East India Company set up trading establishments on the east and west coasts of India and in Bengal. The Company’s ships first arrived in India, at the port of Surat, in 1608.

Detailed explanation-2: -In the year 1600, the East India Company acquired a charter from the ruler of England, Queen Elizabeth I, granting it the sole right to trade with the East.

Detailed explanation-3: -Why did the East India Company acquire a charter from the ruler of England Queen Elizabeth I in 1600? The East India Company acquired a charter from Queen Elizabeth I so that its merchants could start trading in the East Indies. With this they hoped to break the monopoly the Dutch had in that region.

Detailed explanation-4: -On 31 December 1600, the British East India Company received a Royal Charter from the British monarch Elizabeth I to trade with the East Indies. The company went on to colonise the Indian subcontinent.

Detailed explanation-5: -The East India Company was incorporated by royal charter on December 31, 1600. It was an English company formed for the exploitation of trade with East and Southeast Asia and India.