Who gave permission to establish British east India company? Why?

1.	Who gave permission to establish British east India company? Why?
Answer» Answer: The British East India COMPANY was formed to claim their SHARE in the East Indian spice trade. The British were motivated the by the IMMENSE wealth of the ships that made the trip there, and back from the East. The East India Company was granted the Royal CHARTER on 31 December, 1600 by Queen Elizabeth I.

Answer»

Answer:

The British East India COMPANY was formed to claim their SHARE in the East Indian spice trade. The British were motivated the by the IMMENSE wealth of the ships that made the trip there, and back from the East. The East India Company was granted the Royal CHARTER on 31 December, 1600 by Queen Elizabeth I.

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Who gave permission to establish British east India company? Why?​

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Who gave permission to establish British east India company? Why?