Choose that given statement is true/false

Throughout the 17th and early 18th centuries, Surat remained the main centre of overseas trade in Western Indian Ocean.

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True

False

answer is B.

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Detailed Solution

The above statement is incorrect.
The port of Surat declined by the end of the eighteenth century. This port had started losing its relevance as it secured many concessions from the local courts and monopoly rights of trade. Concession secured by the merchants and traders had decreased the profit of the port. Exports from this port slowed down. The decline in trade through this port led to the emergence of a new port in Bombay developed by Europeans.
The correct statement would be that throughout the 17th and early 18th centuries, Surat did not remain the main centre of overseas trade in the Western Indian Ocean.

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