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Indian Economy - Understanding the basics of Indian economic system
Which one of the following European trading companies adopted the “Blue Water Policy” in India?
?Dutch company
?French company
?Portuguese company ?
?British East India company
Explanation: Portuguese trading company adopted the ‘Blue Water Policy’ in India. Francisco de Almeida became the 1st Portuguese viceroy in India initiated the Blue Water Policy, which aimed at the Portuguese Mastery of the Sea and confined Portuguese relationship with India only for the purpose of trade and commerce.
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