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Consider the following statement.
1. East India Company appointed Gomasthas to supervise weavers consolidating its power in the region.
2. In 1760, East India Company captured the textile market in India.
Which of the following statements is/are not correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both of them
  • d)
    Neither of them
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Consider the following statement. 1. East India Company appointed Gom...
Explanation:

Statement 1: East India Company appointed Gomasthas to supervise weavers consolidating its power in the region.

- This statement is correct. The East India Company appointed Gomasthas to supervise weavers in order to consolidate its power in the region.
- The Gomasthas were agents of the East India Company who were responsible for overseeing the production of textiles by weavers.
- They acted as intermediaries between the weavers and the Company, ensuring that the weavers met the production targets set by the Company.
- The Gomasthas also had the authority to impose fines and penalties on the weavers if they failed to meet the targets or produce substandard quality textiles.
- By appointing Gomasthas, the East India Company exerted control over the production process and effectively dominated the textile industry in the region.

Statement 2: In 1760, East India Company captured the textile market in India.

- This statement is not correct. The East India Company did not capture the entire textile market in India in 1760.
- While the East India Company did gain significant control over the textile industry in certain regions, particularly in Bengal, it did not have a monopoly over the entire market.
- There were still other textile producers and traders, both within India and from other European countries, who were active in the market.
- It was only later, in the 19th century, that the East India Company expanded its control over the textile industry and established a virtual monopoly in the market.

Conclusion:

- Based on the above explanation, it can be concluded that statement 1 is correct, but statement 2 is not correct.
- Therefore, the correct answer is option 'B' - 2 only.
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Community Answer
Consider the following statement. 1. East India Company appointed Gom...
  • East India Company to establish its monopoly right to trade, it appointed a paid servant called the Gumasta to supervise weavers, collect supplies, and examine the quality of cloth.
  • Before establishing political power in Bengal and Carnatic in the 1760s and 1770s, the East India Company had found it difficult to ensure a regular supply of goods for export. The French, Dutch, Portuguese, as well as the local traders, competed in the market to secure the woven cloth.
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Consider the following statement. 1. East India Company appointed Gomasthas to supervise weavers consolidating its power in the region.2. In 1760, East India Company captured the textile market in India.Which of the following statements is/are not correct?a) 1 onlyb) 2 onlyc) Both of themd) Neither of themCorrect answer is option 'B'. Can you explain this answer?
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