Question

“The English East India Company was the only European company that traded with India.” True or False?

Answer 1

Hint
The discovery of a direct sea route to India resulted in a boom in European trade with India, which later grew in scale. During the sixteenth and seventeenth centuries, many factors were responsible for opening up and expanding European trade in India. The arrival of European powers to India can be traced back to the $17^{th}$ century when trade between India and Europe was regular.

Complete answer:
The Portuguese were the first to arrive for trade in India and were also the last on the sea route to leave India. Francisco de Almeida arrived in India as the Portuguese Viceroy after Vasco da Gama. "In order to establish supremacy over the sea rather than supremacy over land, he introduced "Blue Water Policy.

The Dutch are from the Netherlands or Holland. In 1602, they founded the United East India Company to do business with eastern nations and entered countries such as India, Java, Sumatra, Indonesia and islands rich in spices. In Surat, Broach, Kambe, Kochin, Nagapatanim, Masulipatanam and Chinnor and other locations in India, they built warehouses. With this, they broke the Portuguese hegemony in India. Later, unable to meet English and French competition, the Dutch confined themselves to islands rich in spices.

Queen Elizabeth granted a Royal Charter in 1600, December 31, allowing the East India Company to trade for fifteen years with Eastern countries. The company was formally initiated by the firm in 1613. By the $17^{th}$ century, Bombay, Madras and Calcutta had been founded by the English as the centres of their presidencies. The English made Calcutta their capital city in the late part of the eighteenth century. In the areas under their jurisdiction, they enforced their own Civil and Criminal Procedure Codes.

The French East India Company began in 1664 as a company owned by the government. In 1668, it started its first factory in Surat. Dupleix, who arrived in Pondicherry as French Governor-General, had the high hopes of establishing South India's French as the main force. Carnatic wars with English contributed to this ambition.

Therefore, it is understandable that the English East India Company was not the only European country to trade in India and faced competition with the French East India Company.

Therefore the correct answer is False

Note
The French and the British East India Companies should not be confused for a single company. The French East India Company came after the British which led to Carnatic wars between the two.