HISTORY
ACT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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30 years
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15 years
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20 years
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10 years
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Detailed explanation-1: -By the Charter Act of 1793, the Company’s commercial privileges were extended for a further period of twenty years. Salaries for the staff and paid members of the Board of Control were also now charged to the Company.
Detailed explanation-2: -The Charter Act of 1793, also known as the East India Company Act 1793 was passed in the British Parliament in which the company charter was renewed. Download the Charter Act of 1793 notes PDF from the link provided below. This Act continued the company’s rule over the British territories in India.
Detailed explanation-3: -Charter act of 1813 ended the monopoly of the East India Company in India, the company’s monopoly in trade with china and trade in tea with India was kept intact. The company’s rule was extended to another 20 years.