What are the policies of East India Company?
Policies of east Indian company:
- British said no to expansion.
- The crown took control of administration (earlier it was under company)
- Administrative reforms were introduced to restore law and order.
- Indians were admitted into civil services.
- Revenue reforms were introduced.
What was the mandate of East India Company?
It had the monopoly of all trade from England to the East, and was permitted to carry bullion out of the country to finance its trade. The mandate for colonisation or conquest was not given to EIC.
What was EIC 4 marks?
The East India Company (EIC), also known as the Honourable East India Company (HEIC) or the British East India Company and informally as John Company, Company Bahadur, or simply The Company, was an English and later British joint-stock company.
What are the three main goals of the East India Company was to?
The most important goals of the East India Company were to spread British influence and power, establishing a trading post in the region, and bring the trade goods back to England to benefit the British investors.
What are the two objectives of the East India Company to permanently rule in India?
The East India Company had two major objectives first to acquire exclusive rights to trade from and to India and second to somehow take over the financial resources of the country.
What were the major expenses of the East India Company?
Roughly it has been estimated as one trillion dollar money that was looted by the British rulers in that 200 years ruling, apart from some other wealth like gold, diamonds and raw materials which got transported. India remains as a Developing Country“.
Which act that brought an end to the East India Company’s rule in India?
End of Company rule
The Company lost all its administrative powers following the Government of India Act of 1858, and its Indian possessions and armed forces were taken over by the Crown.
How did British East India Company gained control of India?
The British presence in India began through trade. Men like Robert Clive of the British East India Company combined military prowess with a ruthless ambition and became fabulously wealthy. With wealth came power, and traders took control of huge swathes of India. This clip is from the series Empire.
What was the role of East India Company in the field of education?
The company wanted to educate some of influential Indians and thereby win the confidence of the upper classes and consolidate its rule in India. So the Company established some centres of higher learning for the Hindus and the Muslims.