Despite holding a monopoly, the East India Company had faced competition from what it had termed as the interlopers represented by the ________.
A
Portuguese
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B
Indigenous merchants
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C
British free merchants
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D
Dutch
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Solution
The correct option is C British free merchants Despite holding a monopoly, the East India Company had faced competition from what it had termed as the 'interlopers' represented by the British free merchants. The colonial- interloper merchants did receive a more sympathetic hearing from Parliament. And they were British free merchants, due to which East India Company faced competition from 'interloper'.