In ______, the East India Company acquired a charter from the ruler of England, Queen Elizabeth I, granting it the sole right to trade with the East.
Show answer & explanation
Correct answer: A
Explanation
The Correct answer is option 1 i.e. 1600.
The East India Company received its first royal charter from Queen Elizabeth I on December 31, 1600.
- This charter granted the company a monopoly on English trade with the East Indies, marking the formal establishment of the East India Company.
- The first British East India factory in India was established at Surat.