HISTORY
MODERN INDIA
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The____ were the first Europeans to start a Joint stock company trade with India?
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French
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Portuguese
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Danish
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Dutch
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Explanation:
Detailed explanation-1: -It was the Dutch East India Company to start a joint stock company to trade with India.
Detailed explanation-2: -Around 1350 in France at Toulouse, 96 shares of the Société des Moulins du Bazacle, or Bazacle Milling Company were traded at a value that depended on the profitability of the mills the society owned, making it probably the first company of its kind in history.
Detailed explanation-3: -The East India Company (EIC) was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874.
Detailed explanation-4: -Ans. In 1605, the Dutch established the first factory in India which was located at Masulipatnam.
There is 1 question to complete.