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Business Studies

Internal Trade

Where did the...

Question

Where did the Dutch establish their first trading centre?

A

Bombay

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B

Masulipatnam

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C

Chinsura

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D

Cambay

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Solution

The correct option is B Chinsura
The Dutch United East India Company was a multinational corporation was founded in 1602 and lasted till 1799. The Dutch government had granted it a 21-yr monopoly on the spice trade which led to the trade between the company and India. They established their first factory of Hooghly-Chinsura in Bengal.

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