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Consider the following statements about ‘the Charter Act of 1813’:

1. It ended the trade monopoly of the East India Company in India except for trade in tea and trade with China.
2. It asserted the sovereignty of the British Crown over the Indian territories held by the Company.
3. The revenues of India were now controlled by the British Parliament.

Which of the statements given above are correct?

(a)

1 and 2 only

(b)

2 and 3 only

(c)

1 and 3 only

(d)

1, 2 and 3

Correct Answer

(a)

Explanation

Charter Act of 1813 expressly asserted the
Crown’s sovereignty over British India. It ended
the trade monopoly of the East India Company
in India except for trade in tea and trade with
China.
The revenues of India came under the control
of British Parliament clearly in 1858. This
process started with Pits’ India act 1784.
So the more correct answer is ‘a’