INDIAN HISTORY

Detailed explanation-1: -When was the East India Company founded? 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.

Detailed explanation-2: -The English East India Company was incorporated by royal charter on December 31, 1600 and went on to act as a part-trade organization, part-nation-state and reap vast profits from overseas trade with India, China, Persia and Indonesia for more than two centuries.

Detailed explanation-3: -1600: Royal Charter forms the East India Company, setting in motion a process that ultimately results in the subjugation of India under British rule. 1605: Akbar the Great dies at age 63. His son Jahangir succeeds him as fourth Mughal Emperor. 1613-14: British East India Company sets up trading post at Surat.

Detailed explanation-4: -The Royal Charter of 1600 was a royal order issued by Queen Elizabeth that incorporated and established the East India Company. The charter was issued in order to counter competition from the Dutch East India Company. Its main purpose was to facilitate trade in Asia and Africa.