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How did company purchase goods?

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An Intiative by Sri Chaitanya

By importing gold and silver from Britain.

By importing clothes from Britain.

By importing iron from Britain.

By importing copper from Britain.

answer is A.

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Detailed Solution

British East India Company started trading in Bengal. They used to purchase goods with gold and silver imported from Britain. Later on they use the money collected from the revenue of Bengal to purchase the goods.

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