Question

The East India Company was established in the year ___________.
A. 1607
B. 1600
C. 1700
D. 1609

Answer 1

Hint: The East India Organization (EIC) was an English business entity that came to India for trading purposes especially concerning spices.

Complete answer: The East India Organization (EIC) was an English business entity that was established in 1600. It was shaped to exchange the Indian commodities through trade networks, at first with the East Independents (the Indian subcontinent and Southeast Asia), and later with China. The organization wound up holding onto control of enormous regions of the Indian subcontinent, colonized areas of Southeast Asia and Hong Kong after the Principal Opium War. It even kept up general stores and states in the Persian Inlet Residencies. The organization, at last, came to govern enormous regions of India, practising military force and accepting authoritative capacities. Organization rule in India viably started in 1757 after the Battle of Plassey and went on until 1858 when, following the Indian Revolt of 1857, the Public authority of India Act 1858 prompted the English Crown accepting direct control of India as the new English Raj. Regardless of continuous government intercession, the organization had repeated issues with its funds.
Therefore, the option “B” is the correct answer.

Note: The organization was broken up in 1874 because of the East India Stock Dividend Redemption Act. It committed heinous atrocities against the Indians and exploited them to the maximum extent.