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Question

HOW DID THE EUROPEAN COMPANIES GRADUALLY GAIN POWER IN INDIA ?

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Solution

The European countries countries gradually gained power in India by the following means

  • securing concessions from local courts.
  • gaining monopoly rights to trade.
  • the above two resulted in decline of old ports of Hooghly and Surat.
  • Exports fell dramatically.
  • Even local bankers went bankrupt.

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