Question

The English East India Company was established on 31 December 1600. True or False? Why?

Answer 1

This statement is True.

The English East India Company was established on 31 December 1600, as per Royal Charter from Queen Elizabeth I of Britain.

The primary goal was to set up trade with India, in spices, indigo, cotton, salt etc. This gradually laid the groundwork for setting up of the British empire in India. In a matter of few years, the East India Company had very quietly raised a private army.

Initially it was the very wealthy aristocrats and merchants of Britain, who owned shares in the East India Company. 

It was dissolved in 1874 and became part of the British government in India.

Answer 2

Answer:

eska ansaar true ha

true