INDIAN HISTORY

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 with India was kept intact. Thus, trade with India for all commodities except Tea was thrown open to all British subjects.

Detailed explanation-2: -Christian missionaries were given permission to enter India and preach their religion. Financial allocations were made to revive the Indian literature and to promote learning among the Indian masses. The constitutional position of British territories in India were explicitly defined in the Charter Act of 1813.

Detailed explanation-3: -This act gave power to local governments to impose and collect taxes. This act included a clause asserting the Crown’s undoubted sovereignty over all of the Company’s territories and required it to open up India to Christian missionaries. Hence statement 2 is correct.

Detailed explanation-4: -The Company lost all its administrative powers following the Government of India Act of 1858, and its Indian possessions and armed forces were taken over by the Crown.