Which of the following British companies got the first charter permitting them to trade in India?
(A) Levant Company
(B) East India Company
(C) The English Company trading to the East Indies
(D) Ostend Company
Correct Answer : Levant Company
Question Asked : UPPSC (RI) 2014
The Levant Company had got a charter for trading with India by land routes. British Queen Elizabeth granted a charter to the English company trading to the East Indies permitting by sea route on 31 December, 1600. This company extended its trade with the merger of a new company in 1709 as the new name of “United Company of Merchants of England trading to the East Indies” which was later known as “East India Company”.
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