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Question no. 73588

In what year was the East India Company originally founded____________?

Select your answer for: In what year was the East India Company originally founded____________?
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Answer: A. December 1600

Explanation

The East India Company was formally established and chartered by the British Crown in December 1600. Queen Elizabeth granted a royal charter giving the company a monopoly on trade with the East Indies. This late sixteenth-century incorporation marked the official beginning of British commercial expansion into Asia. English merchants sought a share of the lucrative spice trade dominated by Portuguese and Dutch traders. The original royal charter was granted for an initial period of fifteen years with renewable extensions. The company established its first permanent trading factory in India at Surat a few years later.

Option B suggests January 1600, which is historically incorrect regarding the date of the royal charter. Option C points to March 1600, missing the correct month of the company official incorporation. Option D names November 1600, which precedes the final issuance of the royal charter in December.

Subject
Pedagogy
Category
Pedagogy
Topic
—
Difficulty
medium

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