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Questions and Answers
What was one of the main objectives of the East India Company during its operations in India?
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?
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?
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?
What role did Queen Victoria play in the governance of India following the decline of the East India Company?
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Which of the following was an outcome of the East India Company's control over India?
Which of the following was an outcome of the East India Company's control over India?
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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.
Turning Point Event Related to the East India Company
- 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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