Question : In 1600, the East India Company acquired a charter from which ruler?
Option 1: King George-I
Option 2: Queen Elizabeth I
Option 3: Queen victoria
Option 4: King James-I
Correct Answer: Queen Elizabeth I
Solution : The correct option is Queen Elizabeth I.
In 1600, the East India Company acquired a charter from Queen Elizabeth I of England, which granted the company a monopoly on English trade with the East Indies.
India's monopoly came into the hands of the English, but this royal charter was not able to stop other powers like the Portuguese, France, and the Dutch. As a result of this, they were able to buy the same thing from the Indian markets as the British.
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Question : Which Charter Act brought to an end, the East India Company's monopoly in India's foreign trade ?
Option 1: Charter Act of 1853
Option 2: Charter Act of 1793
Option 3: Charter Act of 1813
Option 4: Charter Act of 1833
Question : By which Charter Act, the East India Company's monopoly of trade with China came to an end ?
Option 1: Charter Act of 1793
Option 2: Charter Act of 1813
Option 3: Charter Act of 1833
Option 4: Charter Act of 1853
Question : British Crown assumed sovereignty over India from the East India Company in the year
Option 1: 1857
Option 2: 1858
Option 3: 1859
Option 4: 1860
Question : The rule of the English East India Company was ended in British India under the Government of India Act,________.
Option 1: 1858
Option 2: 1857
Option 4: 1856
Question : The British Parliament transferred the powers of the East India Company to the British crown in __________.
Option 1: 1856
Option 3: 1854
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