Which company has set up a factory on the banks of river Hugli in 1651?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3. i.e. English.
In 1651, the East India Company established the first English factory along the Hugli River.
This served as the headquarters for the company's merchants, known at the time as 'factors'.
As trade developed, the firm convinced merchants and dealers to relocate near the facility.