INDIAN HISTORY

HISTORY

MODERN INDIA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to the Regulating Act, Directors were to be elected for a period of
A
5 years
B
4 years
C
6 years
D
3 years
Explanation: 

Detailed explanation-1: -4 Years-According to the Regulating Act of 1773 the Court of Directors were elected for 4 years . Hence it’s the correct option. 6 Years-The Regulating act stated that the Court of Directors were to be elected for the time period for 4 years.

Detailed explanation-2: -The Regulating Act was passed in the British Parliament in June 1773. It was the first parliamentary ratification and authorization defining the powers and authority of the East India Company with respect to its Indian possessions.

Detailed explanation-3: -64) and restricted the Court of Directors to four-year terms. First step taken by the British government to regulate and control the company’s affairs in India. It prohibited the servants of company from engaging in any private trade or accepting presents or bribes from the “natives".

Detailed explanation-4: -The Regulating Act of 1773 was enacted as a first step to regulate the working of East India Company. However, the Indian Independence Act, 1947 finally ended the British rule in India and declared India as an independent and sovereign nation with effect from August 15, 1947.

Detailed explanation-5: -Administration of the East India Company in England was managed by a body of 24 directors called Court of Directors. This Court of Directors was elected by shareholders of the company on annual basis. The collective body of these shareholders was called Court of Proprietors.

There is 1 question to complete.