Question

Which of the following British companies got the first charter permitting them to trade in India ?

• A. Levant Company
• B. East India Company
• C. The English Company trading to the East Indies
• D. Ostend Company

Answer 1

Answer:

A. Levant Company

• The Levant Company had got a charter for trading with India by land routes.

• British Queen Elizabeth granted a charter to the English company trading to the East Indies permitting by sea route on 31 December, 1600.

• This company extended its trade with the merger of a new company in 1709 as the new name of “United Company of Merchants of England trading to the East Indies” which was later known as “East India Company”.