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
Correct Answer: The French East India Company was formed in 1764 AD
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.