(3) European rulers started giving military protection and trade concessions to the trading companies.
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ANSWER:
The British started giving military protection and trade concessions to trade companies to increase their profits and lower the competition.
EXPLANATION:
When the East India Company was established and running, there were several European powers that also entered India for trading purposes.
The Portuguese, Dutch and French also established trade links and trade companies in India and earned a lot of profits from clothes and spices that they traded in.
The British companies also dealt in the same products and so had to handle stiff competition. The European powers also started fighting each other to stay in business and as a result to protect their trading companies, the British provided military protection
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