search
Q: ------- was formed to trade with East Indies but at the last its trade was limited to China and Indian subcontinent.
  • A. English India Company
  • B. London India Company
  • C. East India Company
  • D. British India Company
Correct Answer: Option C - The East India Company was a joint stock company established with the purpose of trading with the East Indies. The company was initially set to trade with moritieme Southeast Asia but it ended up trading with China and India. It was founded by John Watts on 31st December 1600, and its headquarters is in London. The company was dissolved on 1 June, 1874 by East India Stock Dividend Redemption Act.
C. The East India Company was a joint stock company established with the purpose of trading with the East Indies. The company was initially set to trade with moritieme Southeast Asia but it ended up trading with China and India. It was founded by John Watts on 31st December 1600, and its headquarters is in London. The company was dissolved on 1 June, 1874 by East India Stock Dividend Redemption Act.

Explanations:

The East India Company was a joint stock company established with the purpose of trading with the East Indies. The company was initially set to trade with moritieme Southeast Asia but it ended up trading with China and India. It was founded by John Watts on 31st December 1600, and its headquarters is in London. The company was dissolved on 1 June, 1874 by East India Stock Dividend Redemption Act.