What was the royal charter that was granted to the east india company by queen Elizabeth 1
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British Royal Charter was granted to the English East India Company on Dec 31, 1600. Queen Elizabeth I of England grants a formal charter to the London merchants trading to the East Indies, hoping to break the Dutch monopoly of the spice trade in what is now Indonesia.
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The English East India Company operated for 274 years, starting from 1600 when a Charter was granted by Queen Elizabeth I, giving The Company the monopoly to undertake trading expeditions to the East Indies. The Company's life ended in 1874, sixteen years after the end of the Indian Mutiny in 1858.
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