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Answer: (D) (i), (ii), (iii) and (iv) are correct.
Explanation
The Suez Canal was constructed by the Universal Suez Ship Canal Company, a venture spearheaded by the French diplomat Ferdinand de Lesseps. Following the British government's acquisition of a major stake in the company in 1875, the canal operated under joint Anglo-French influence for nearly a century. The waterway was officially opened for international transportation in November 1869, connecting the Mediterranean Sea to the Red Sea. By eliminating the necessity of circumnavigating the African continent via the Cape of Good Hope, the canal reduced the sea distance between London and the western coast of India (specifically Mumbai) by approximately 6100 miles. This strategic bypass makes the canal the most critical maritime link for Western Europe to access the Australian route and facilitates the monsoon trade between Northern Europe and Asian nations.