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Question

The ________ merchants who wanted to trade with the East, took the permission of Queen Elizabeth and formed a Company.

A
British
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B
French
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C
Dutch
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D
Portuguese
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Solution

The correct option is A British
In the beginning, English followed Peaceful Trade as their policy. But, they took advantage of the deteriorated political situation of India to establish their political supremacy. The Merchants of England who aspired to have trade with the East Countries, founded The East India Company in 1600 CE. They established trade links with India with the permission of Queen Elizabeth. In the beginning East India Company ships were anchored at Surat ports. Sir Thomas Roe visited the court of the Mughal emperor Jahangir in 1615 CE and obtained permission to trade in Surat. Later trade centers were established at Agra, Ahmedabad and Broch. After this, they established trade centers at Calcutta, Madras and Bombay. Calcutta was their first capital.

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