With reference to the French East India Company's activities in India, consider the following statements. 1. The Compagnie des Indes Orientales was founded by Louis XIV in 1664 and was granted a 50-year monopoly on French trade in the Indian and Pacific Oceans. 2. The company established Pondicherry in 1674 as the central hub of French power in India. 3. The Treaty of Ryswick in 1697 allowed the French to retain their territories in India without any interference from the Dutch. 4. The French East India Company successfully established permanent colonies in Madagascar during its early years. How many of the statements given above is/are correct?
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