Question: When was the British East India Company chartered?

Is At the end of the 16th century, England and the Netherlands began to challenge Portugal's monopoly of trade with Asia, forming private joint-stock companies to finance the voyagesthe English, later British, East India Company and the Dutch East India Company, chartered in 1600 and 1602 respectively. a good answer to this question?

OPTIONS:
(i) yes.
(ii) no.
(i)