What was the primary objective of the East India Company?

What was the aim of the East India Company when it first went to India?

The British East India Company came to India as traders in spices, a very important commodity in Europe back then as it was used to preserve meat. Apart from that, they primarily traded in silk, cotton, indigo dye, tea and opium. They landed in the Indian subcontinent on August 24, 1608, at the port of Surat.

What are the objectives of the East India Company to permanently rule in India?

The two objectives of the East India company are as follows; They wanted to achieve their first target by exhorting British government to relinquish the royal charter which allowed to trade with India and east from England. Moreover to eliminate their European rivals they also commenced many wars on land and sea.

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What was the objective of EIC?

The EIC will bring high-energy electrons into head-on collisions with high-energy protons or atomic nuclei to produce “freeze-frame” snapshots of those particles’ inner structure, creating the first-ever tomographic 3D images of the “ocean” of gluons within.

Why was the East India Company so successful?

The main reason for the involvement and influence of the EIC in the Indian Subcontinent is trade. They first entered the region as a charted joint-stock company to conduct trade. The trade of spices had proved highly profitable and the British wanted to have a share in this market.

What was the role of the British East India Company in India quizlet?

What was the role of the British East India Company in India? It operated trading posts in India and employed Indian soldiers; they almost acted like a nation within India – they had an army, government, legal system, etc. … They traded cotton, silk, indigo, saltpeter (chemical used in gun powder), and tea.

What are the prime objective of East India Company in Brainly?

The two objectives of the East India company are as follows; They wanted to achieve their first target by exhorting British government to relinquish the royal charter which allowed to trade with India and east from England. Moreover to eliminate their European rivals they also commenced many wars on land and sea.

What are the two objectives of British rule in India?

Explanation: The basic purpose of the British colonial rule over India was to compliment and serve the industrialisation process in Britain. In this regard, the sole aim of the colonial government was to reduce India to a mere supplier of the raw materials for the betterment and advancement of their home country.

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Who when and with what objective was the Government of India Act enacted Class 9?

British Parliment enacted the Government of Inida Act in the year of 1935. The objective of Govt of India Act was to win the support of moderate nationalists, win Muslim support, convince the Princes to join the Federation.

What were the goals of the British East India Company?

The most important goals of the East India Company were to spread British influence and power, establishing a trading post in the region, and bring the trade goods back to England to benefit the British investors.

What were the major expenses of the East India Company?

Roughly it has been estimated as one trillion dollar money that was looted by the British rulers in that 200 years ruling, apart from some other wealth like gold, diamonds and raw materials which got transported. India remains as a Developing Country“.