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