Which Act was formulated to end the trade monopoly of the East India Company in India?
Charter Act 1813 Ends Trade Monopoly
The question asks to identify the specific Act that terminated the East India Company's (EIC) exclusive trade rights in India.
Key Legislation Analysis
- Charter Act of 1813: This Act significantly altered the EIC's commercial status. It ended the Company's trade monopoly over India, except for the trade in tea and trade with China. This marked a major shift, opening Indian trade to all British subjects.
- Charter Act of 1833: While it further curtailed the Company's commercial activities, making it purely an administrative body, the primary dismantling of the broader trade monopoly occurred with the 1813 Act.
- Indian Council Act, 1909: This Act focused on expanding legislative councils and introducing separate electorates, unrelated to the EIC's trade status.
- Charter Act of 1853: This Act dealt with the EIC's governance structure, separating legislative and executive functions, and did not primarily address the trade monopoly ending.
Therefore, the Charter Act of 1813 was formulated to end the trade monopoly of the East India Company in India.
Important Questions from India under East India Company’s Rule
Subsidiary alliance was a system devised by Lord Wellesley in 1798. All those who entered into such an alliance with the British had to accept certain terms and conditions.
1. The British would be responsible for protecting their ally from external and internal threats to their power.
2. In the territory of the ally a British armed contingent would be stationed and ally would provide resources for their maintenance.
3. The ally would enter into agreements, with other rulers or engage in warfare only with the permission of the British.
4. Ally may walk away with the alliance anytime at the disagreement.
Choose the correct answer from the options given below:- Match List I with List II.Choose the correct answer from the options given below :
LIST I LIST II A. Setting up Supreme Court at Calcutta by East India Company I. 1793 B. Cornwalis code enacted II. 1774 C. Railway line between Bombay and Thane III. 1881 D. Madras Harbour IV. 1853 - Which of the following is NOT a characteristic of the Permanent Settlement?
- Which of the following is / are characteristic(s) of the Ryotwari system?
1. It was the brainchild of Thomas Munro
2. It was meant to reduce intermediaries
3. Cultivating peasants were gradually impoverished by the system
4. It was introduced in parts of Madras and Bengal Presidency
Select the correct answer using the code given below : - Who was the Nawab of Bengal during the Battle of Plassey?
