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Examveda

The privileges of free trade granted to the English East India Company were confirmed in 1717 by Emperor

A. Bahadur Shah

B. Farrukh-Siyar

C. Muhammad Shah

D. Aurangzeb

Answer: Option B

Solution(By Examveda Team)

Emperor Farrukhsiyar issued the British East India Company such a farman in 1717. It allowed the Company to live and trade for free in Mughal India except for an annual payment. They were also given the right to issue dastak or trade permits to transfer goods, which the officials largely used for their own gains.

This Question Belongs to History >> British Rule In India

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