With reference to the factories of the East India Company consider the following statements 1 A fact...........

Ancient and Medieval History(HCS) Later Mughals and Advent of Europeans

With reference to the factories of the East India Company, consider the following statements:

1. A factory was a fortified area where the manufacturing of goods was carried out.

2. The Company’s servants were paid huge salaries and were keen to take services in India.

Which of the above statements is/are correct?

1 only

2 only

Both 1 and 2

Neither 1 nor 2

Neither 1 nor 2

Submit Error