What attracted European trading companies to India?

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Cheaper rates of goods

Fine qualities of cotton and silk

Indian spices

All of the above

answer is D.

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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.

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