Navigation

Menu

IMC Content Studio

Profe s s ione lle Authoring s oftware . Mit vie le n ne ue n

Funktione n.

no i tadnuoF
May 31, 2011

1 Co mment

The first East India Company was the British East India Company that was founded in 1600. The term
East India Company refers to the following entities.
1.
2.
3.
4.
5.
6.

British East India Company, founded in 1600

Dutch East India Company, founded in 1602
Danish East India Company, founded in 1616
Portuguese East India Company, founded in 1628
French East India Company, founded in 1664
Swedish East India Company, founded in 1731
Why all o f t hem were c o mpanies ?

The voyages at that time involved higher investments, huge risks of piracy and shipwreck and there
was a large fluctuation in not only in the supply (of spices) but also demand (due to competition). So,
in Europe, even a single voyage was preceded by formation of a company, which was liquidated when
the voyage was over and the shareholders shared the profits or losses as the case was. For the first
time, it was British East India Company that was formed by bundling all the forces into monopoly
enterprises. The Netherlands government took was a step ahead of their British Counterparts and gave
all the powers to the company which were required to rule a colony just like a sovereign country.
Last Updated: November 22, 2013

t nemes i t revdA

Vermieten Sie ihre

Woche
Timeshare, Urlaubspunkte
Besitzer? Keine versteckten
Gebhren.

Comments

Maanharwinder81
Good
Reply

rahulsamrat
nice
Reply

Name (required)
Email (required)
Comment (moderation is active)

Submit

Price in India
GK Quiz India
Quiz Questions
C URRENT AFFAIRS
November 2014
October 2014|
September 2014 |
August 2014 |
July 2014 |
June 2014 |
May 2014 |
April 2014 |
March 2014 |
February 2014 |
January 2014 |
Current Affairs 2013
Current Affairs 2012
Current Affairs 2011

C ATEGORIES
Awards
Persons
Policy
Business
Environment

International
Science-Tech
India-World
Sports
Socio-economic
Banking

QUIZ S EC TION
Quiz 601-700
Quiz 501-600
Quiz 401-500
Quiz 301-400
Quiz 201-300
Quiz 101-200
Quiz 1-100

ENGLIS H
Synonyms

S TATES GK
Haryana
Rajasthan
Tamil Nadu
Karnataka
Maharashtra
Kerala
Odisha

FOLLOW GKTODAY

BANK EXAMS S EC TION

Finance, Business and Economy Quiz
Bank PO Study Material
Government Schemes in India
Marketing Aptitude for Bank PO
Computer Awareness

REC ENT ARTIC LES

Key Judgements & Contribution of Justice JS Verma
Islamic Banking
National Technical Research Organisation
Trends in India Japan Relations
Algorithm Trading
Various Problems of PPP Contracts in India
The next 40 years of development will be substantially different from the past 40 years
Rationalization of centrally sponsored schemes
National Policy for Children, 2013
National Cyber Security Policy

MULTIPLE C HOIC E QUES TION BANK

Ancient Indian History
Medieval Indian History
Modern Indian History
Indian Polity and Constitution
Indian Economy
General Science
Geography
GKToday
Like
1,276,456 people like GKToday.

Facebook social plugin

Copyright 2009-2013 www.gktoday.in | All Rights Reserved | About Us | Terms & Condition, Disclaimer |
Contact Us || '
' ||
Privac y & S hipping Polic y | Canc e llation & Re fund Polic y | Jobs@ GKToday