With reference to the early history of the East India Company in India, consider the following statements:

1. The East India Company received a charter from Queen Elizabeth I in 1600, granting it exclusive rights to trade with Eastern countries.

2. The Portuguese were the first European power to establish a presence in India, and their base was in Goa.

3. Competition among European trading companies, such as the Portuguese, Dutch, and French, drove up the prices of Indian goods in Europe, reducing potential profits.

4. The East India Company managed to keep trade and politics entirely separate during its operations in India.

Which of the statements given above are correct?

1
1 and 2 only
2
1, 2, and 3 only
3
3 and 4 only
4
1, 2, 3, and 4

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