The Establishment of British Supremacy in Trade in India
Trending Questions
How did the East India Company procure regular supplies of cotton and silk textiles from Indian weavers?
Give two examples of different types of global exchanges which took place before the seventeenth century, choosing one example from Asia and one from the Americas.
Explain the three types of movements or flows within international economic exchange. Find one example of each type of flow which involved India and Indians, and write a short account of it.
- Guard
- Viceroy
- Counsellor
- Gomastha
How Indian textiles dominated the world?
Explain the three typesof movements or flows within international economic exchange. Findone example of each type of flow which involved India and Indians, and write a short account of it.
- Imposition of import duties on Indian textiles
- Supply of cheap machine-made goods from Britain
- Increase in the price of cotton
- Import of cheap machine-made goods from US
- Competition with other European powers to secure raw materials
- Hiring gomasthas to supervise weavers and conduct quality checks
- Offering advances and loans to weavers and farmers
- Bargaining with Indian artisans to procure their finished products
- India was the node of a thriving textile trade.
- Persian and Armenian merchants came for Indian textile.
- The North-East Frontier was India's gateway to the world.
- India produced coarse cotton.
Or
What were the main sources of attraction for Europeans to come to Africa in the late 19th century? How did they exploit their resources?
Or
What were the restrictions imposed upon the Indian merchants to benefit European trader in the 19th century?
- True
- False
- Ram is right.
- Rahul is right.
- Both are right.
- Both are wrong.
HOW DID THE EUROPEAN COMPANIES GRADUALLY GAIN POWER IN INDIA ?
why did the weavers star migrating after the control of east india company in the field of textile
- Surat
- Hoogly
- Bombay
- Calcutta
Explain the three types of movements or flows within international economic exchange. Find one example of each type of flow which involved India and Indians, and write a short account of it.
- managers
- gomastha
- brokers
- supervisors
- Secured different types of concessions from local kings.
- They gained monopoly rights over trade.
- Helped Indian merchants to trade more.
- Revived the business of old ports of Surat and Hooghly.
Why are some Tamils in Sri Lanka called Indian Tamils ?
- The EIC fought with other European traders to secure steady supply of raw materials.
- The EIC hired gomasthas and gave advances to weavers to secure their finished products.
- The gomasthas lived with the weavers and had a good relationship with the weavers.
- The weavers leased out their agricultural plots to take up weaving on a full-time basis.
- They failed to compete with the Manchester goods.
- They were starved of supply.
- In 1860, they had excess stock of raw cotton.
- In 1860, they struggled to find enough good quality raw cotton.
what led to the decline of indian textile industry?
- British cotton industries in Manchester
- Import duties in Britain on cotton textiles
- Sale of British goods in Indian market
- Increased sale of Indian goods in Britain