Trick for Governor, Governor General, Viceroy in British & Independent India,Very easy ,GK Trick, Gk

gk tricks and current affair other competative exam material The East India Company (EIC) was an English and later British joint-stock company founded in 1600.[2] It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Southeast Asia), and later with Qing China. The company ended up seizing control of large parts of the Indian subcontinent, colonised parts of Southeast Asia and Hong Kong after the First Opium War, and maintained trading posts and colonies in the Persian Gulf Residencies.[3] The company is also known as the Honourable East India Company (HEIC), East India Trading Company (EITC), the English East India Company or (after 1707) the British East India Company, and informally known as John Company,[4] Company Bahadur,[5] or simply . Originally chartered as the "Governor and Company of Merchants of London Trading into the East-Indies",[6][7] the company rose to account for half of the world's trade during the mid-1700s and early 1800s[when?],[8] particularly in basic commodities including cotton, silk, indigo dye, salt, spices, saltpetre, tea, and opium. The company also ruled the beginnings of the British Empire in India.[8][9] The company eventually came to rule large areas of India, exercising military power and assuming administrative functions. Company rule in India effectively began in 1757 after the Battle of Plassey and lasted until 1858 when, following the Indian Rebellion of 1857, the Government of India Act 1858 led to the British Crown assuming direct control of India in the form of the new British Raj. Despite frequent government intervention, the company had recurring problems with its finances. The company was dissolved in 1874 as a result of the East India Stock Dividend Redemption Act passed one year earlier, as the Government of India Act had by then rendered it vestigial, powerless, and obsolete. The official government machinery of British Raj had assumed its governmental functions and absorbed its armies. Edit On 22 September 1599, a group of merchants met and stated their intention "to venture in the pretended voyage to the East Indies (the which it may please the Lord to prosper), and the sums that they will adventure", committing £30,133 (over £4,000,000 in today's money).[19][20] Two days later, "the Adventurers" reconvened and resolved to apply to the Queen for support of the project.[20] Although their first attempt had not been completely successful, they nonetheless sought the Queen's unofficial approval to continue. They bought ships for their venture and increased their capital to £68,373. The Adventurers convened again a year later, on 31 December, and this time they succeeded; the Queen granted a Royal Charter[13] to "George, Earl of Cumberland, and 215 Knights, Aldermen, and Burgesses"[citation needed] under the name, Governor and Company of Merchants of London trading into the East Indies.[13] For a period of fifteen years, the charter awarded the newly formed company a monopoly[21] on English trade with all countries east of the Cape of Good Hope and west of the Straits of Magellan.[citation needed] Any traders in breach of the charter without a licence from the company were liable to forfeiture of their ships and cargo (half of which went to the Crown and the other half to the company), as well as imprisonment at the "royal pleasure".[22] The governance of the company was in the hands of one governor and 24 directors or "committees", who made up the Court of Directors. They, in turn, reported to the Court of Proprietors, which appointed them. Ten committees reported to the Court of Directors. According to tradition, business was initially transacted at the Nags Head Inn, opposite St Botolph's church in Bishopsgate, before moving to India House in