Question:

Identify the correct statement:
A. The East India Company was founded by a Royal Charter in 1600. 
B. It was not given monopoly of all trade. 
C. The company formally started trading in India after setting scores with the Portuguese. 
D. It was a joint stock company of London merchants. 
Choose the most appropriate answer from the options given below :

Updated On: Aug 13, 2024
  • A, B and D only
  • B, C and D only
  • A, C and D only
  • A, B and C only
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The Correct Option is C

Solution and Explanation

The correct answer is (C) : A, C and D only.
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