88. Dutch East India Company established its factory at Patna in which year?
(A) 1601
(B) 1632
(C) 1774
(D) 1651
(E) None of the above/More than one of the above
Answers
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‘Dutch East India Company’ established its factory at ‘Patna’ in 1632.
Option: B
Explanation:
- The ‘Dutch East India Company’ was first established in 1602 as a ‘chartered company’.
- It can be regarded as the ‘world’s first multinational’ company.
- In the Dutch language it was called, ‘Vereenigde Oostindische Compagnie (VOC)’.
- In 1632 the ‘Dutch East India Company’ established its first factory in Patna.
- Today the Patna College stands at the site of the factory. The ‘Dutch East India Company’ posed a great threat to the British East India Company.
- The British finally took over all its assets once it was dissolved.
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