With reference to historical trade dynamics, consider the following statements:

The Dutch East India Company was established in 1602 and is often considered the world's first multinational corporation.

The British East India Company was granted a royal charter by Queen Elizabeth I in 1600, marking the beginning of British colonial trade in India.

The Portuguese were the first Europeans to establish a sea route to India, leading to their dominance in the spice trade during the 16th century.

How many of the above statements are correct?

Question

The Dutch East India Company was established in 1602 and is often considered the world's first multinational corporation: This is correct. It played a role in global trade and colonialism.
The British East India Company was granted a royal charter by Queen Elizabeth I in 1600, marking the beginning of British colonial trade in India: This is correct. It led to British influence in India.
The Portuguese were the first Europeans to establish a sea route to India, leading to their dominance in the spice trade during the 16th century: This is correct. Vasco da Gama's voyage in 1498 opened the sea route to India.

Thus, all statements are correct. The correct answer is (C) All three.

GKToday Admin · Accepted Answer

All three

The Dutch East India Company was established in 1602 and is often considered the world's first multinational corporation: This is correct. It played a role in global trade and colonialism.
The British East India Company was granted a royal charter by Queen Elizabeth I in 1600, marking the beginning of British colonial trade in India: This is correct. It led to British influence in India.
The Portuguese were the first Europeans to establish a sea route to India, leading to their dominance in the spice trade during the 16th century: This is correct. Vasco da Gama's voyage in 1498 opened the sea route to India.

Thus, all statements are correct. The correct answer is (C) All three.

Current Affairs