INDIAN HISTORY

Detailed explanation-1: -In charter Act of 1813 itself East India Lost its monopoly of Indian trade while in 1833 the Act ended activities of company as a commercial body which became a purely administrative body. In 1858, the power to administer India was transferred to British crown and the Act of 1858 abolished the company altogether.

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.