How was the british East india company eastablished

1.	How was the british East india company eastablished
Answer» <html><body><p>In 1600, a group of English businessmen asked Elizabeth I for a royal <a href="https://interviewquestions.tuteehub.com/tag/charter-914573" style="font-weight:bold;" target="_blank" title="Click to know more about CHARTER">CHARTER</a> that <a href="https://interviewquestions.tuteehub.com/tag/would-3285927" style="font-weight:bold;" target="_blank" title="Click to know more about WOULD">WOULD</a> let them voyage to the <a href="https://interviewquestions.tuteehub.com/tag/east-447972" style="font-weight:bold;" target="_blank" title="Click to know more about EAST">EAST</a> <a href="https://interviewquestions.tuteehub.com/tag/indies-514609" style="font-weight:bold;" target="_blank" title="Click to know more about INDIES">INDIES</a> on behalf of the crown in exchange for a monopoly on trade. The merchants put up nearly 70,000 <a href="https://interviewquestions.tuteehub.com/tag/pounds-1161510" style="font-weight:bold;" target="_blank" title="Click to know more about POUNDS">POUNDS</a> of their own money to finance the venture, and the East India Company was born.</p></body></html>

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