Question

Which of the following techniques was/were used by the Europeans to gain monopoly over the trade in India?

• A. Secured different types of concessions from local kings.
• B. They gained monopoly rights over trade.
• C. Helped Indian merchants to trade more.
• D. Revived the business of old ports of Surat and Hooghly.

Answer 1

Answer: (A), (B)

They gained monopoly rights over trade.

At first, the Europeans secured different types of concessions from local kings. They eventually gained monopoly rights over trade. This spelt doom for the old ports of Surat and Hooghly. As a result, Indian merchants who operated from these ports were badly hit.