Modern History

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?

  1. 1 and 2 only
  2. 2 and 3 only
  3. 1 and 3 only
  4. 1, 2 and 3

Answer

The 1813 Act ended the Company‘s monopoly over trade in India but the company retained trade with China and the trade in tea. So, the first statement is correct.

The Act asserted the undoubted sovereignty of the Crown of the United Kingdom over Indian territories. So, the second statement is correct.

The revenues of India were controlled by the British parliament through Pitts India Act 1784.

The correct option is A.