What attracted European trading companies to India?

see full answer

Start JEE / NEET / Foundation preparation at rupees 99/day !!

21% of IItians & 23% of AIIMS delhi doctors are from Sri Chaitanya institute !!

An Intiative by Sri Chaitanya

Cheaper rates of goods

Fine qualities of cotton and silk

Indian spices

All of the above

answer is D.

(Unlock A.I Detailed Solution for FREE)

Ready to Test Your Skills?

Check your Performance Today with our Free Mock Test used by Toppers!

Take Free Test

Detailed Solution

The cheaper rates of goods, fine qualities of cotton and silk and Indian spices attracted European trading companies to India.
Queen Elizabeth I of England issued a charter to the East India Company in 1600, giving it exclusive authority to conduct business in the East. With this charter's aid, the Company could explore international waters in search of new markets for its products. India drew the attention of European trading companies for the reasons listed below:

European traders found India to be a very profitable and beneficial trading partner.

European trade corporations bought goods at lower prices and resold them in Europe for more money.

India produced exquisite cotton and silk that found a major market in Europe.

Indian spices like cinnamon, cardamom, cloves, and pepper were in high demand in Europe.

Watch 3-min video & get full concept clarity

Result Producing online coaching for JEE/NEET of south India

Largest All India Test Series for JEE/NEET

Best Books for IIT JEE

Best Books for NEET

How to Join IIT after 10th