Question

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Consider the following statements:
1) French East India Company was financed by French Government
2) The company was granted monopoly for 100 years for trade in Indian and Pacific ocean.
Which of the following statements is/are correct?

• A. 1 Only
• B. 2 only
• C. 1 and 2 only
• D. Neither 1 nor 2

Answer 1

The correct option is A 1 Only

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> French East India Company was established by Jean Baptiste Colbert in 1664. It was financed by French Government and was granted monopoly for 50 years in the Indian and Pacific Ocean.