History, asked by SKBhattacharjee54, 11 months ago

Who granted the East India company to trade with India? How was the charter helpful for the company to trade?

Please guys help me to solve it out

Answers

Answered by CHAMP41362IHS

Answer:

Explanation:

Charter granted to the East India Company. 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.

Answered by subashthri

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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