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    Statement I :
    The private trade of the East India Company’s officials in the 18th century had flowered with the indirect patronage of the authorities of the Company.

    Statement II :
    The extra-legal power enjoyed by the foreign merchants and the duty-free nature of their private trade virtually edged the indigenous merchants out of competition.

  • Both the statements are individually true and statements II is the correct explanation of statement I
  • Both the statements are individually true and statements II is the correct explanation of statement I
  • Statement I is true but statement II is false
  • Statement I is false but statement II is true

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