Q. Consider the following statements regarding European trading companies in India:

1. The Dutch East India Company was the first multinational corporation to issue stock and bonds.
2. The British East India Company administered the first modern postal system in India.
3. The French East India Company established the first French colony in India at Pondicherry.

How many of the above statements are correct?
Answer: Only two
Notes: The Dutch East India Company was indeed the world’s first multinational corporation to issue stocks and bonds. The British East India Company organized the first modern postal system in India. However, the French East India Company founded Pondicherry, but previous French settlements such as Surat predate it, so only the first two statements are correct.