The Pitt's India Act of 1784 aimed to reform the governance of the British East India Company in India after a series of financial and administrative scandals. The act made significant changes to the company's structure and oversight, but it did not assume the company's debts.
- Board of Control: The act established a Board of Control, comprising six government appointees, to oversee the company's affairs. This aimed to enhance parliamentary control over the company's activities in India.
- Governance Structure: The act established the Governor-General of Bengal, assisted by a council of three members, as the supreme authority in India. This move centralized the administration and aimed to improve efficiency and accountability.
- Madras and Bombay Presidencies: While the act didn't explicitly merge the Madras and Bombay presidencies under Bengal, it significantly increased the Governor-General's authority over them, thereby laying the foundation for greater centralization.
- Company Debts: The act did not assume the East India Company's debts. The company remained financially responsible for its obligations, even though the act aimed to enhance financial controls and prevent further mismanagement.
Therefore, the statement that "All the debts of the East India Company were taken over by the British Government of India" is incorrect. The Pitt's India Act focused primarily on improving governance and accountability without directly bailing out the financially troubled East India Company.
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- The Self-Respect movement was led by whom among the following social reformers?
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During the period of which Governor General / Viceroy was the Indian Civil Service introduced?
Who was responsible for the integration of princely states into the Indian Union after Independence?
