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Q.

Which Mughal ruler was persuaded by the Company to issue a Farman for duty-free trade?


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a

Aurangzeb

b

Shah Alam

c

Jahangir

d

None of the above 

answer is A.

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Detailed Solution

Aurangzeb was persuaded by the Company to issue a Farman for duty-free trade.
In 1651, the first English factory was established on the banks of the river Hugli. As trade grew, the Company urged merchants and traders to come near the factory and settle. It started constructing a fort around the settlement in 1696. Two years later, it bribed off Mughal officials to grant the Company zamindari rights over three villages. One of these was Kalikata, which later developed into the modern city of Calcutta or Kolkata.
 
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