East India Company and India's Development
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East India Company and India's Development

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@PeaceableSerpentine3123

Questions and Answers

What was one of the main objectives of the East India Company during its operations in India?

  • To monopolize trade and generate profits (correct)
  • To promote Indian cultural practices
  • To establish a local government in India
  • To eliminate other European competitors
  • How did the policies of the East India Company affect the economic development of India?

  • They increased local manufacturing capabilities
  • They created favorable trade conditions for all regions
  • They led to a decline in traditional industries (correct)
  • They promoted technological advancements in agriculture
  • Which event marked a turning point in British rule in India, directly linked to the East India Company?

  • The Sepoy Mutiny of 1857 (correct)
  • The introduction of the Railways Act
  • The establishment of the Indian National Congress
  • The signing of the Treaty of Amritsar
  • What role did Queen Victoria play in the governance of India following the decline of the East India Company?

    <p>She took on the role of Empress of India</p> Signup and view all the answers

    Which of the following was an outcome of the East India Company's control over India?

    <p>Exploitation of India’s resources for export</p> Signup and view all the answers

    Study Notes

    Objectives of the East India Company

    • One primary objective was to establish and expand trade in spices, silk, cotton, and tea.
    • Aimed to monopolize trade routes and profit from the lucrative Indian market.

    Economic Impact of East India Company Policies

    • The Company imposed heavy taxes, leading to widespread poverty among Indian farmers.
    • Introduced cash crops, disrupting traditional farming and causing food shortages.
    • Infrastructure development, like railways and telegraphs, primarily served commercial interests rather than local needs.
    • The Sepoy Mutiny of 1857 marked a significant turning point; it was a major uprising against the Company's rule, leading to a shift in governance.

    Role of Queen Victoria in Indian Governance

    • Queen Victoria was proclaimed Empress of India in 1876, symbolizing direct British imperial rule.
    • Implemented the Government of India Act of 1858, transferring powers from the East India Company to the Crown.

    Outcomes of the East India Company's Control

    • Significant cultural changes included the introduction of English education and Western legal systems.
    • Economic exploitation resulted in deindustrialization, adversely affecting traditional industries, notably textiles.
    • Establishment of a centralized administration, changing the political landscape of India permanently.

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    Description

    This quiz explores the impact of the East India Company on India's economy and governance. It delves into the company's objectives, its policies, and key events that shaped British rule in India. Additionally, the quiz examines Queen Victoria's role following the decline of the East India Company.

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