INDIAN HISTORY

Detailed explanation-1: -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-2: -The Regulating Act was passed due to the mismanagement by the British East India government that brought a situation of insolvency. This act permitted the company to retain its territorial custody in India but looked up to regulate the activities and functioning of the company.

Detailed explanation-3: -Regulating Act, (1773), legislation passed by the British Parliament for the regulation of the British East India Company’s Indian territories, mainly in Bengal.

Detailed explanation-4: -Detailed Solution. The correct answer is Warren Hastings.