Business Studies, asked by ummul1101, 1 year ago

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

Answers

Answered by Chirpy
6

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.

Answered by mindfulmaisel
2

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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