Q2 of 30 Page 2

How and when did the British East India Company set foot in India?

In 1600, the East India Company acquired a licence to trade, from Queen Elizabeth I, of England. The company got the sole right to trade with Eastern countries. No other company in England was given the right to trade.

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1 What were the reasons for the decline of the Mughal Empire? 3 Which were the other trading Companies that came to the Indian shores? 4 What were the commodities that these companies traded in? 5 What was the result of the competition between the trading companies from different European countries?