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

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

Answer:

(a)

Easy

Core Books

Core Books/NCERT

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’