In 1600, the East India company acquired a charter from which ruler?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e.Queen Elizabeth-I.
- The East India Company acquired a charter granting it the sole right to trade with the East in 1600 by Queen Elizabeth I.
- The company acquired a Royal Charter from Queen Elizabeth I on 31 December 1600, coming relatively late to trade in the Indies because before them, the Portuguese Estado da Índia had traded there for much of the 16th century.