Why did EIC get involved in India 7 marks?

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.

Why did EIC become involved in India?

The East India Company was initially created in 1600 to serve as a trading body for English merchants, specifically to participate in the East Indian spice trade. It later added such items as cotton, silk, indigo, saltpeter, tea, and opium to its wares and also participated in the slave trade.

Why was the EIC so successful in India?

By the royal charter, the English East India Company was granted the monopoly of trade in Asia. … The low salaries were compensated by opportunities of trade allowed to factors in their private capacity. The Company acted to protect the private trading interests of its employees. Witness the context of Plassey.

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How did the EIC take control of India?

The British presence in India began through trade. Men like Robert Clive of the British East India Company combined military prowess with a ruthless ambition and became fabulously wealthy. With wealth came power, and traders took control of huge swathes of India.

Did the EIC rule India?

Company rule in India effectively began in 1757 after the Battle of Plassey and lasted until 1858 when, following the Indian Rebellion of 1857, the Government of India Act 1858 led to the British Crown assuming direct control of India in the form of the new British Raj.

East India Company.

EIC in India 1612–1757
Partition of India 1947–

What was the EIC 4 marks?

Ans: E.I.C was a trading company established by British traders, In 1600AD Queen Elizabeth granted charter of trade to trade in the east of Africa. In 1612 Prince Khurram allowed E.I.C to trade with India.

What happened to the EIC after the revolt of 1857?

In the aftermath of the Indian Rebellion of 1857, under the provisions of the Government of India Act 1858, the British government nationalized the EIC. … The EIC was officially dissolved in 1858 and the rebellion also led the British to reorganize the army, the financial system, and the administration in India.

Why was EIC interested in the subcontinent?

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.

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How did the EIC affect global economies?

Its expansionism spurred several wars that produced at least two sovereign nations. Among its many claims to fame (and notoriety), the EIC indirectly built Yale University, helped create two nations and was the world’s largest drug-dealing operation in the 18th century.

What is the significance of the Battle of Plassey for the company?

In the Battle of Plassey in the year 1757 CE, Siraj-ud-Daulah was defeated and murdered. This was the first time that the Company had fought in India. It was a turning point in history and marked the beginning of British rule in India.

What were the causes of the rise of the British in India?

Three causes of the rise of the British power in India:

  • Disintegration and weakening of the Mughal Empire. …
  • British were a strong naval power. …
  • Lack of unity among the Indians also led to the rise of the British power in India.

In which year was the EIC dissolved?

Reforms: – laws were passed to stop Sati and encourage remarriage of widows. – English language education was actively promoted. – Conversion to christianity was made easier with a new law.

How did British rule start in India?

The British Raj refers to the period of British rule on the Indian subcontinent between 1858 and 1947. The system of governance was instituted in 1858 when the rule of the East India Company was transferred to the Crown in the person of Queen Victoria.

What happened when the East India Company rule came to an end?

End of Company rule

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The Company lost all its administrative powers following the Government of India Act of 1858, and its Indian possessions and armed forces were taken over by the Crown. … Thus began the British Raj, direct imperial rule of India by the British state.

What was the social impact of the Company rule in India?

Social Impact: Equality before the law: British introduced uniform laws in all the Indian territories under their direct control. … Thus, they denied traditional social privileges to the upper castes and helped reduce caste discrimination in Indian society.