HISTORY
MODERN INDIA
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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China
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Jawa
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Ceylon
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Japan
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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: -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-3: -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-4: -The act provided for a financial grant towards the revival of Indian literature and the promotion of science. The company was also to take up a greater role in the education of the Indians under them. It was to set aside Rs.1 Lakh for this purpose.