Question

The United East India Company refers to the Company in India formed by the.
A) Portuguese
B) Dutch
C) French
D) British

Answer 1

Hint: In 1600 and 1602 respectively, both the English and the Dutch floated their own private stock companies to fund their trading expeditions in order to challenge Portuguese dominance of the oceans. It was only a matter of time before the two sides clashed over colonial possessions in Asia.

Complete answer:
The Dutch East India Company, or United Dutch East India Company, was a megacorporation founded in the early 17th century by a government-directed consolidation of several rival Dutch trading companies. It is thought to be the world's largest corporation in recorded history.

It was founded on March 20, 1602, as a chartered company to trade with Mughal India in the early modern period, importing 50% of textiles and 80% of silks, primarily from Bengal Subah, the country's most developed region. Furthermore, when the Dutch government granted it a 21-year monopoly on the

Dutch spice trade, the company traded with Indianized Southeast Asian countries. The company is frequently referred to as a trading company (i.e., a group of merchants who buy and sell goods made by others) or a shipping company.The VOC, on the other hand, was a proto-conglomerate that diversified into multiple commercial and industrial activities, including international trade (especially intra-Asian trade), shipbuilding, and both production and trade of East Indian spices, Indonesian coffee, Formosan sugarcane, and South African wine.

Therefore the correct answer is option ‘B’.

Note: The VOC had a lengthy history of conducting slavery in the East Indies by the time the outpost at the Cape was formed in 1652. Within two months of the Cape settlement's founding, Jan van Riebeeck realised that slave labour would be required for the toughest and dirtiest jobs. The VOC contemplated enslaving males from the local Khoikhoi population at first, but the notion was dismissed since it would be both costly and hazardous.