The staple commodities of export by the English East India Company from Bengal in the middle of the 18th century were
(a) Raw cotton, oil-seeds and opium
(b) Sugar, salt, zinc and lead
(c) Copper, silver, gold, spices and tea
(d) Cotton, silk, saltpetre and opium
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The correct option is - d. Cotton, silk, saltpetre and opium
Fine cotton and silk was exported from India to Europe, Asia and Africa in the 1750s. During the period 1780 - 1860 India changed from an exporter of processed goods to an exporter of raw materials. It became a buyer of manufactured goods. In the second quarter of the 19th century raw cotton, opium and indigo were the main items exported from India.
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Cotton, silk, saltpetre and opium were the staple ‘commodities of export’ by the ‘English East India Company’ from ‘Bengal’ in the middle of the eighteenth century.
Option: (d)
Explanation:
- India was the exporter of cotton and silk to the European markets in the ‘early years of the 1750s’.
- There was a lot of trading happening from India where the traders would carry these items and sell them in the European, Asian, and African markets.
- Later on, in the nineteenth century, they started to carry other forms of commodities like opium, indigo and raw cotton.
- The Indian exports mainly consisted of cotton, opium, silk and saltpetre.
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