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Question

Who established the French East India Company in 1669?

A
Lalley
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B
Colbert
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C
Dupleix
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D
Bussey
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Solution

The correct option is B Colbert
The French East India Company was established by Colbert in 1664 as a commercial enterprise to compete with the English and Dutch East India companies. It was given a 15 yr monopoly to trade by the French king. During the Seven Years’ War (1756–63) between France and England, the French were defeated, and Pondicherry, the capital of French India, was captured in 1761 and by 1769, its monopoly over French trade with India was ended.

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