Question : In 1600, the East India Company acquired a charter from _______.
Option 1: Queen Elizabeth I
Option 2: King Edward VI
Option 3: King Henry IV
Option 4: Queen Victoria
Correct Answer: Queen Elizabeth I
Solution : The correct answer is Queen Elizabeth I.
The East India Company was granted exclusive rights to trade with the East when it obtained a charter from Queen Elizabeth I of England in 1600. This implied that the East India Company was incomparable to any other English trading organisation.
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