For how many years the charter gave the company a monopoly to trade with the east and west coasts of India?
- 10 Years
- 20 Years
- 15 Years
- Indefinite Years
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For an initial 15 years, the charter granted the company a monopoly on trade with India's east and west coasts.
When did the East India Company?
- 31st December, 1600
- 13th December, 1598
- 31th December, 1609
- 11th December, 1603
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On 31 December 1600, the British East India Company received a Royal Charter from the British monarch Elizabeth I to trade with the East Indies. Later, the company colonized the Indian subcontinent.
Name of the first Governor-General of Bengal.
- Warren Hastings
- Lord Dalhousie
- WIlliam Bentick
- Lord Cornwallis
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The first Governor-General of Bengal was Warren Hastings, the head of the Supreme Council of Bengal.
Who was the first temporary chairman of the Constituent Assembly?
- BN Rau
- Harendra Coomar Mookerjee
- Dr. Sachchidananda Sinha
- Dr. Rajendra Prasad
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Dr. Sachchidananda Sinha was appointed as the interim(temporary) chairman of the Constituent Assembly.
What type of economy is followed in India?
- Traditional Economy: Economic system based on goods, services, and work, all of which follow certain established trends.
- Command Economy: A dominant centralized authority – usually the government – that controls a significant portion of the economic structure.
- Market Economy: Economic system based on the concept of free markets.
- Mixed Economy: Economic system that combine the characteristics of the market and command economic systems.
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A mixed economic system is a system that combines aspects of both capitalism and socialism. This means that some industries are controlled by private businesses and individuals, while other industries are controlled by the government.
