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The East India Company began to purchase Indian goods out of the revenue of Bengal and to export them to England. These purchases were called
- a)lnvestments
- b)Dividends
- c)Stocks
- d)None of these
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
The East India Company began to purchase Indian goods out of the reven...
The East India Company was established in 1600 to trade with India and the East Indies. Over time, the company began to purchase Indian goods out of the revenue of Bengal and to export them to England. These purchases were called investments.
Explanation:
The East India Company, through its various trading posts and factories, had established a lucrative trade in India. The company purchased Indian goods, such as textiles, spices, tea, and opium, with the revenue it collected from Bengal. These goods were then exported to England, where they were sold at a profit.
The purchases made by the East India Company were called investments because they were made with the aim of generating a return on the company's capital. The company invested in Indian goods because they were in high demand in England and could be sold at a profit.
The revenue generated by the sale of these goods was used to pay dividends to the company's shareholders. Dividends are a portion of a company's profits that are distributed to its shareholders. In this case, the profits were generated through the sale of Indian goods.
In summary, the East India Company purchased Indian goods with the aim of generating a return on its capital. These purchases were called investments and the revenue generated from the sale of these goods was used to pay dividends to the company's shareholders.
Explanation:
The East India Company, through its various trading posts and factories, had established a lucrative trade in India. The company purchased Indian goods, such as textiles, spices, tea, and opium, with the revenue it collected from Bengal. These goods were then exported to England, where they were sold at a profit.
The purchases made by the East India Company were called investments because they were made with the aim of generating a return on the company's capital. The company invested in Indian goods because they were in high demand in England and could be sold at a profit.
The revenue generated by the sale of these goods was used to pay dividends to the company's shareholders. Dividends are a portion of a company's profits that are distributed to its shareholders. In this case, the profits were generated through the sale of Indian goods.
In summary, the East India Company purchased Indian goods with the aim of generating a return on its capital. These purchases were called investments and the revenue generated from the sale of these goods was used to pay dividends to the company's shareholders.
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The East India Company began to purchase Indian goods out of the reven...
Investments bcz firstly they began purchasing the goods from East India then, after they are investing the same goods in England for their economical conservation in other countries to decrease there financial stratagy
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The East India Company began to purchase Indian goods out of the revenue of Bengal and to export them to England. These purchases were calleda)lnvestmentsb)Dividendsc)Stocksd)None of theseCorrect answer is option 'A'. Can you explain this answer?
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