QUIZ – 2020: INSIGHTS STATIC , 16 August 2021 – History – INSIGHTSIAS

Solution: c)

The Dutch East India Company was established on March 20, 1602, as a chartered company to trade with Mughal India.

French East India Company was a colonial commercial enterprise, founded on 1 September 1664 to compete with the English and Dutch trading companies in the East Indies.

The Dutch East India Company was the first company in history to issue bonds and shares of stock to the general public. It was the Dutch East India Company that invented the idea of investing in the company rather than in a specific venture governed by the company. The Dutch East India Company was also the first company to use a fully-fledged capital market (including the bond market and the stock market) as a crucial channel to raise medium-term and long-term funds.

Solution: c)

The Battle of Plassey was essentially due the conflicts between the Bengal Nawab and the East India Company.

This is judged to be one of the pivotal battles in the control of Indian subcontinent by the colonial powers.

The British now wielded enormous influence over the Nawab and consequently acquired significant concessions for previous losses and revenue from trade.

The British further used this revenue to increase their military might and push the other European colonial powers such as the Dutch and the French out of South Asia, thus expanding the British Empire.

Solution: a)

The Battle of Kharda took place in 1795 between Nizam and Maratha Confederacy, in which Nizam was badly defeated.

The Battle of Wandiwash was a battle in India between the French and the British in 1760. The battle was part of the Third Carnatic War.

The Battle of Buxar was fought on 22/23 October 1764, between the forces under the command of the British East India Company, led by Hector Munro, and the combined armies of Mir Qasim.

The Battle of Chillianwala was fought in January 1849 during the Second Anglo-Sikh War in the Chillianwala region of Punjab, now part of modern-day Pakistan.

Solution: b)

The Treaty of Allahabad was signed in 1765, between the Mughal Emperor Shah Alam II and Robert Clive, of the East India Company, as a result of the Battle of Buxar.

Based on the terms of the agreement, Alam granted the East India Company Diwani rights, or the right to collect taxes on behalf of the Emperor from the eastern province of Bengal-Bihar-Odisha.

Thus, East India Company got appointed as the imperial tax collector for the Eastern province. These rights allowed the Company to collect revenue directly from the people of Bengal, Bihar and Odisha. In return, the Company paid an annual tribute to the emperor.

Solution: d)

The rise and growth of Indian nationalism has been traditionally explained in terms of Indian response to the stimulus generated by the British Raj through creation of new institutions, new opportunities, resources, etc. In other words, Indian nationalism grew partly as a result of colonial policies and partly as a reaction to colonial policies. In fact, it would be more correct to see Indian nationalism as a product of a mix of various factors:

• Worldwide upsurge of the concepts of nationalism and right of self-determination initiated by the French Revolution.
• Indian Renaissance.
• Offshoot of modernisation initiated by the British in India.
• Strong reaction to British imperialist policies in India.