SSC
INDIAN HISTORY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What was the name of the British company that went to India to trade but ended up ruling India?
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The Royal Company
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The East India Company
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The Victoria Company
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The Arabian British Company
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Explanation:
Detailed explanation-1: -Parliament continued to control the East India Company by extending its charter for only twenty years at a time.
Detailed explanation-2: -The correct option is A True 1. The charter Act 1853 abolished East India Company’s Monopoly of India trade. 2. Under the government of India Act 1858, the British parliament abolished the East India company altogether and took responsibility of ruling India directly.
Detailed explanation-3: -During its existence it was known by a few other names as well: its formal name from 1600 to 1708 was Governor and Company of Merchants of London Trading into the East Indies, and from 1708 to 1873 it was United Company of Merchants of England Trading to the East Indies.
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