Where did the English East India Company set up the first factory in India? -General Knowledge

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Description : What steps were taken by the East India Company to control the market of cotton and silk goods ? -SST 10th

Last Answer : (i) Monopoly right : Once the East India Company established political power, it asserted a monopoly right to trade (ii) New system : After establishing monopoly over trade :t proceeded to develop ... Company used its police. At many places weaver were often beaten and flogged for delays in supply.

Description : Why was East India Company keen on expanding textile exports from India during the 1760 ? -SST 10th

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Description : Why was the East India Company keen on expanding textile exports from India during 1760’s ? -SST 10th

Last Answer : The consolidation of East India Company power after the 1760s did not initially lead to a decline in textile exports from India. British cotton industries had not yet expanded and Indian fine textiles were in great demand in Europe. So the company was keen on expanding textile exports from India.

Description : Discuss the plight of the Indian weavers with the advent of the East India company. -SST 10th

Last Answer : The textile trade in India continued for some time even after the advent of the East India Company in the 1760s and 1770s.The scene changed when the East India Company established political power ... workshops and went back to farming. The 19th century brought more problems for the Indian weavers.

Description : Write a brief note on the East India company. -SST 10th

Last Answer : The East India Company was also called 'Company Bahadur' in India. It was granted an English Royal Charter by Elizabeth I on December 31, 1600, with the intention of favouring trade ... governmental and military functions, until its dissolution in 1858 following the the Indian Rebellion of 1857.

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Description : Explain the following: The East India Company appointed gomasthas to supervise Weavers in India -SST 10th

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Description : How did the East India Company procure regular supplies of cotton and silk textiles from Indian weavers ? -SST 10th

Last Answer : After establishing political power, the East India Company successfully procured regular supplies of cotton and silk textiles from Indian weavers via a series of actions. These actions were aimed at ... East India Company to procure regular supplies of cotton and silk textile from Indian weavers.

Description : Why did the East India Company appoint Gomasthas in India ? -SST 10th

Last Answer : The company tried to eliminate the existing traders and brokers connected with the cloth trade, and establish a more direct control over the weaver. It appointed a paid servant called the gomastha to supervise weavers, collect supplies, and examine the quality of cloth.

Description : “The establishment of political power by the East India Company resulted in ruination of the Indian weavers.” Support the statement with suitable examples. -SST 10th

Last Answer : On earning the power, the British East India Company asserted a monopoly right to trade. It developed a system that would eliminate competition, control cost and ensure regular supply of cotton and ... made them to revolt against the British. They quit their profession and migrated to other places.

Description : What steps were taken by the East India Company to control the market of cotton and silk goods? -SST 10th

Last Answer : (i) The East India Company tried to eliminate the existing traders and appointed 'Gomasthas' as supervisors. (ii) The system of advances was introduced to have a direct control over the weavers. ... the prices fixed by the company. (iii) There were reports of clashes of weavers with Gomasthas.

Description : Why did East India Company appoint Gomasthas in India? -SST 10th

Last Answer : The East India Company appointed Gomasthas in India due to the following reasons: (i) Before 1760s, British cotton industries had not expanded and Indian fine textiles were in great demand ... selling the products to the best buyer. Hence they appointed Gomasthas to supervise and collect supplies.

Description : How did the East India Company get possession of Bombay? -SST 10th

Last Answer : The Portuguese government gifted it to Britain’s King Charles-II on the occasion of his marriage to the Portuguese.