Question

Write short notes: British East India Company:

Answer 1

The British East India Company was a British trading corporation established in 1600 to carry out trade with the East Indies. The company played a crucial role in the colonization of India, controlling the trade in goods such as spices, cotton, and tea. It gradually gained political power, establishing British rule in India. The company’s mismanagement and exploitation of India led to widespread discontent, culminating in the Indian Rebellion of 1857. The company was dissolved in 1874, and India came under direct British government rule.