Question : When the East India Company was formed, the Mughal emperor in India was:
Option 1: Jahangir
Option 2: Humayun
Option 3: Aurangzeb
Option 4: Akbar
Correct Answer: Akbar
Solution : The correct answer is Akbar .
Akbar, the Mughal emperor was in charge when the East India Company was founded in 1600. Elizabeth I of England granted the British monarch a royal charter on December 31, 1600, allowing it to conduct business in the East Indies. The East India Company stopped referring to itself as the Mughal Emperor's subject and stopped producing coins in his honour during his reign.
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