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East India Company

The East Company was founded in 1600 and stayed in business through 1874. They enabled trade between London and India, and at one point supported about half the world's trade.

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What was the English east India company?

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The East India Company, also known as the English East India Company and the British East India Company, was a historical English, and later British, company, founded in 1600, and chartered with the monopoly of trading with Southeast Asia, East Asia, and India

What is copper iridium and its power and what is the relation between east India company and copper iridium?

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In the year 1616, when British people had establish east India company, there was a very long solar eclipse, During that period the Indian saints had discovered a rare element Iridium, which was believed to have no-corrosion properties, it is believed that these pieces of iridium came from mateiors falling on the earth,

Generally meteior burn off due to air friction when they enter the earths atmosphere. but iridium having a very high melting point survived all the heat and finally fall on earth. Iridium is a very very rare and costly metal.

In those days, when the british government came to knew about these metal, they decided to mix it with copper to make non-corrosive currency and utensils.

It was later found that the compound copper iridium had magical properties like pulling a rice coin , affecting electronic equipment in its vicinity and so on.

What was significant about the dutch east India company during the 1500s?

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The Dutch West India Company was important because it was the first multinational corporation ever created. This company is credited with being the first to provide stocks.

What did the Tea Act give to the British East India Company?

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it allowed them to keep costs high since they were the only ones who could sell tea. :)

Did the east India company introduced half Anna coins in 1616?

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No, they did not. If you have a coin dated 1616 from the East India Co, it is a reproduction or the like.

What is the value of an 1818 east India company ukl one Anna coin with a ram laxman Sita Hanuman on one side?

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No it is not fake, i am having the said coin, and anybody wants to see contact my email vs7861@yahoo.com , i will show and mail to you to see and wants to purchase also contacat me

How did east India company took control of Bengal?

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The English East India Company had defeated Siraj-ud-daulah at the Battle of Plassey in 1757. This was their first step towards plundering Bengal's prosperity. Again, after the company acquired the Diwani rights from the Mughal emperor,Shah Alam II their control over Bengal, Bihar, Orissa was legally acknowledged.

Between whom was battle of plassey fought?

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The Battle of Plassey occurred on June 23, 1757 in Bengal, India. The battle only lasted a few hours. The battle also decided the fate of India by establishing British dominance in the two most profitable regions of India for European traders, Bengal and the Carnatic.

When was the English East India Company formed?

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Thats what my question was but you told me everything else other than this..

What were the areas of conflict between the Bengal nawabs and the east India company?

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After the death of Aurangzeb, the Bengal nawabs asserted their power and autonomy. Through the eighteenth century, the conflicts between them and the East India Company intensified. The nawabs refused to grant the Company concessions, demanded large tributes, denied it the right to mint coins, and stopped it from extending its fortifications. They claimed that the Company was depriving the Bengal government of huge amounts of revenue, and also undermining their authority by refusing to pay taxes, writing disrespectful letters, and humiliating them and their officials.

On its part, the Company declared that its trade was getting ruined because of the unjust demands of the local officials. It believed that trade could only flourish if the duties were removed. To expand trade, it wanted to enlarge its settlements, buy up villages, and rebuild its forts.

How was the dutch east India company financed?

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They formed joint stock companies.

How were the east India company successful?

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  • Through 'Monopoly'.
  • Company make market in India.
  • They have big ship for trading .
  • Which things they bought from Europe that cost was so little and they sold that things in large cost to make their profit.

What is the value of one half Anna coin of 1616 of east India company?

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I have one coin. can someone tell me the value.

I also have India 1920 4 annas coin

Bigman

Where east India company was established?

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The British East India Company was established in Calcutta (Now Kolkata.)