Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

In the late seventeenth and early eighteenth centuries, the export of Indian opium to the Indonesian archipelago was dominated by the

A Gujarati and Marwari mercantile groups
B Portuguese
C Dutch East India Company
D English East India Company

Answer & Explanation

Answer: [C]

In the late 17th and early 18th centuries, the export of Indian opium to the Indonesian archipelago was dominated by the Dutch East India Company.

The Dutch East India Company was founded in 1602 and remained active until 1799. The Dutch name was Vereenigde Oost-Indische Compagnie, what literally means the United East Indian Company. Formed as a combination of mercantile organizations from various cities in Holland and Zeeland, the Company was involved in commerce in Asia itself, as well as between Europe and Asia.

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