INDIAN HISTORY

HISTORY

ACT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following charter act ended the monopoly of the trade of East India Company with China and sea route also?
A
The charter Act, 1813 AD
B
Pitt’s India Act, AD 1784
C
Charter Act, 1833 AD
D
The Regulating Act, AD 1773
Explanation: 

Detailed explanation-1: -The Charter act of 1813 ended the monopoly of the East India Company in India, however the company’s monopoly in trade with china and trade in tea was remained intact.

Detailed explanation-2: -The Charter Act of 1833 was passed in the British Parliament which renewed the East India Company’s charter for another 20 years. This was also called the Government of India Act 1833 or the Saint Helena Act 1833. The company’s commercial activities were closed down.

Detailed explanation-3: -Detailed Solution. Option 4 is correct, i.e. The Charter Act of 1813. The Charter Act of 1813 ended the commercial trade monopoly of the East India Company except for trade in tea and trade with China.

Detailed explanation-4: -By the Act of 1813, The Company’s monopoly of Trade was abolished.

There is 1 question to complete.