Statement A (It was formed in 1599 by a group of merchants known as The Merchant Adventurers) is correct; the association was formed in 1599 leading to the company's charter. Statement B (It was granted a charter by Queen Elizabeth in 1600 giving monopoly of eastern trade for an indefinite period) is incorrect; the charter in 1600 was for 15 years. Statement C (It decided to open a factory at Surat in 1608) is correct; Captain Hawkins arrived in Surat in 1608 seeking permission to establish a factory. Statement D (Company's monopoly of trade was abolished by James I in 1609) is incorrect; King James I renewed the company's charter for an indefinite period in 1609. Thus, statements A and C are accurate.
Consider the following statements: A. B. 1600 C. 1608 D. 1609 1 Which of the following statements are correct?
Asked in KPSC KAS Prelims 2017 · Topic: Advent of European Companies (Arrival and formation of the English East India Company)
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