Which of the following statement is not correct about The French East India Company?

A. The French East India Company took hold of Yanam in 1723 AD, Mahe on Malabar Coast in 1725 AD and Karaikal in 1739 A.D.

B. They established their first company in Surat

C. The French East India Company was formed in 1764 AD

D. The French East India Company was formed during the reign of King Louis XIV

Answer: Option C

Solution(By Examveda Team)

French East India Company (French name is “Compagnie française pour le commerce des Indes orientales”) was a commercial enterprise formed in 1664 AD, established by Jean-Baptiste Colbert for the purpose of trading in the Eastern Hemisphere. The company was resulted from the fusion of three earlier french companies.