Q. Consider the following statements regarding the Dutch East India Company (VOC): - The VOC was the first company in history to issue shares that were tradable on a stock exchange.
- Pieter Both, the first Governor-General of the VOC, was instrumental in establishing the company's administrative framework in the East Indies.
Which of the above statements is/are correct?
Answer:
Both 1 and 2
Notes: The Dutch East India Company (VOC), established in 1602, was the world's first company to issue tradable shares, laying the foundation for modern stock exchanges. Pieter Both, appointed as the first VOC Governor-General in 1610, played a key role in setting up the company's administrative and military structures in the East Indies, consolidating Dutch presence there.