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Write in detail about the British East India Company: Powers given to the East India Compаnу - History

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Question

Write in detail about the British East India Company:

Powers given to the East India Compаnу

Short Answer
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Solution

In 1623, the monarch of England, Charles II, granted the British government the following privileges.

  1. Adopt punitive measures for the erring staff.
  2. The corporation was also awarded a monopoly on trading in the eastern countries.
  3. Build forts in eastern countries.
  4. To maintain an army.
  5. To make treaties with non-Christians.
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