WBCS.LIVE practice question

In which year was the British East India Company founded?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. 1600
  2. 1605
  3. 1498
  4. 1757

Correct answer and explanation

Correct answer: 1600

Explanation: āœ… Correct Answer: A) 1600 šŸ“š Explanation: The British East India Company was officially established on December 31, 1600. It was granted a formal Royal Charter by Queen Elizabeth I, which gave the company a strict monopoly over trade with the East. Initially formed just for the spice trade, it eventually gained total political control over India.