which company acquired a charter from Queen Elizabeth I? write down the important of charter for the company
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East India Company Comes East. In 1600, the East India Company acquired a charter from the ruler of England, Queen Elizabeth I, granting it the sole right to trade with the East, without competition from other British traders.
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Detailed Solution. The correct answer is 1600. In 1600, the East India Company acquired a charter from the ruler of England, Queen Elizabeth I, granting it the sole right to trade with the East, without competition from other British traders.
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