{"id":3295,"date":"2024-03-05T15:47:51","date_gmt":"2024-03-05T15:47:51","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=3295"},"modified":"2024-03-05T15:47:51","modified_gmt":"2024-03-05T15:47:51","slug":"the-monopoly-of-the-east-india-company-in-indiaa%c2%80%c2%99s-trade-was-abolished-in","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-monopoly-of-the-east-india-company-in-indiaa%c2%80%c2%99s-trade-was-abolished-in\/","title":{"rendered":"The monopoly of the East India Company in India\u00e2\u0080\u0099s trade was abolished in"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;1793&#8243; option2=&#8221;1803&#8243; option3=&#8221;1813&#8243; option4=&#8221;1833&#8243; correct=&#8221;option4&#8243;]<!--more--><\/p>\n<p>The correct answer is (d). The monopoly of the East India Company in India\u00e2\u0080\u0099s trade was abolished in 1833.<\/p>\n<p>The East India Company was a British joint-stock company that was formed in 1600. The company was granted a monopoly on trade with India by Queen Elizabeth I. The company established a number of trading posts in India, and it soon became the dominant power in the region.<\/p>\n<p>The company&#8217;s monopoly on trade was abolished in 1833. This was due to a number of factors, including the growing power of the British government, the increasing competition from other European powers, and the growing discontent among the Indian people.<\/p>\n<p>The abolition of the company&#8217;s monopoly led to a number of changes in India. The company&#8217;s trading posts were taken over by the British government, and the company&#8217;s army was disbanded. The British government also began to take a more direct role in the administration of India.<\/p>\n<p>The abolition of the company&#8217;s monopoly was a significant event in the history of India. It marked the end of the company&#8217;s dominance in the region, and it led to a number of changes in the way that India was governed.<\/p>\n<p>Here is a brief explanation of each option:<\/p>\n<p>(a) 1793: This is incorrect because the East India Company&#8217;s monopoly on trade in India was not abolished in 1793.<br \/>\n(b) 1803: This is incorrect because the East India Company&#8217;s monopoly on trade in India was not abolished in 1803.<br \/>\n(c) 1813: This is incorrect because the East India Company&#8217;s monopoly on trade in India was not abolished in 1813.<br \/>\n(d) 1833: This is the correct answer because the East India Company&#8217;s monopoly on trade in India was abolished in 1833.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;1793&#8243; option2=&#8221;1803&#8243; option3=&#8221;1813&#8243; option4=&#8221;1833&#8243; correct=&#8221;option4&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-3295","post","type-post","status-publish","format-standard","hentry","category-history","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The monopoly of the East India Company in India\u00e2\u0080\u0099s trade was abolished in<\/title>\n<meta name=\"description\" content=\"The East India Company was a British joint-stock company that was formed in 1600. 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The company established a number of trading posts in India, and it soon became the dominant power in the region.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/the-monopoly-of-the-east-india-company-in-indiaa\u0080\u0099s-trade-was-abolished-in\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2024-03-05T15:47:51+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/the-monopoly-of-the-east-india-company-in-indiaa%c2%80%c2%99s-trade-was-abolished-in\/","url":"https:\/\/exam.pscnotes.com\/mcq\/the-monopoly-of-the-east-india-company-in-indiaa%c2%80%c2%99s-trade-was-abolished-in\/","name":"The monopoly of the East India Company in India\u00e2\u0080\u0099s trade was abolished in","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2024-03-05T15:47:51+00:00","dateModified":"2024-03-05T15:47:51+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"The East India Company was a British joint-stock company that was formed in 1600. 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