WORLD HISTORY

HISTORY

THE AGE OF IMPERIALISM

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Identify the company that set up trading posts in India.
A
German East India Company
B
British East India Company
C
French East India Company
D
Belgian East India Company
Explanation: 

Detailed explanation-1: -The East India Company was initially created in 1600 to serve as a trading body for English merchants, specifically to participate in the East Indian spice trade.

Detailed explanation-2: -Surat in Gujarat was the first trade centre of the British East India Company in India. They also established trading centres at Bombay (Mumbai), Calcutta (Kolkata) and Madras (Chennai).

Detailed explanation-3: -The British East India Company was a private corporation formed in December 1600 to establish a British presence in the lucrative Indian spice trade, which until then had been monopolized by Spain and Portugal.

Detailed explanation-4: -In 1639 the British East India Company setup its first major trading outpost in India. There were in total three major trading outposts, Madras, Bombay and Calcutta.

There is 1 question to complete.