History · Indian History
Which significant resolution was passed by the British Parliament in 1694 regarding trade with the East?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It gave equal rights to all Englishmen to trade in the East.✓
- 2It granted an exclusive trading monopoly to the London Merchants Company.
- 3It completely banned private merchants from trading with India.
- 4It dissolved the existing East India Company.
Correct answer
It gave equal rights to all Englishmen to trade in the East.
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