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Q.

When was the East India Company founded?


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a

1600

b

1500

c

1650

d

1400 

answer is A.

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Detailed Solution

The East India Company was founded in 1600.
Queen Elizabeth, I established the East India Company on December 31, 1600. The Company was established in 1600 as a trading company for English merchants, primarily to participate in the East Indian spice trade. However, they also included cotton, opium, tea, and silk and later participated in the slave trade. The Indian Rebellion was the catalyst for the East India Company's demise. Following the hostility and bloody rebellion, the British government liquidated the firm in 1958.
 
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