state gov APPSC (ఆంధ్రప్రదేశ్) Group 2 (Pre + Mains) Mock Test 2023 General Knowledge Modern India (Pre-Congress Phase) Advent of Europeans
Which of the following statements correct about East India Company?
1. East India Company acquired a charter from the ruler of England, Queen Elizabeth I, granting it the sole right to trade with the East.
2. The royal charter prevents other European powers from entering the Eastern markets.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2