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?
Select an option to reveal the answer and explanation.
A hard Indian History multiple-choice question from UPSC Prelims 2019. Attempt it above, then check the correct answer and detailed explanation below.
Show correct answer & explanation
Correct answer: A. 1 and 2 only
Statements 1 and 2 are correct: the Charter Act of 1813 ended the Company's trade monopoly (retaining its monopoly over tea and the China trade) and explicitly asserted the sovereignty of the British Crown over Company-held territories. Statement 3 is incorrect — the Act did not place Indian revenues under the control of the British Parliament.
Practise writing a full Indian History answer and get it graded by our AI examiner — free.
More Indian History questions
Sanghabhuti, an Indian Buddhist monk, who travelled to China at the end of the fourth century AD, was the author of a commentary on:
Which one of the following is a work attributed to playwright Bhasa?
Consider the following statements: 1. There are no parables in Upanishads. 2. Upanishads were composed earlier than the Puranas. Which of the statements given above is/are correct?
With reference to revenue collection by Cornwallis, consider the following statements: 1. Under the Ryotwari Settlement of revenue collection, the peasants were exempted from revenue payment in case of bad harvests or natural calamities. 2. Under the Permanent Settlement in Bengal, if the Zamindar failed to pay his revenues to the state, on or before the fixed date, he would be removed from his Zamindari. Which of the statements given above is/are correct?
Who of the following rulers of medieval India gave permission to the Portuguese to build a fort at Bhatkal?
Consider the following information: 1. Chandraketugarh — Odisha — Trading Port town 2. Inamgaon — Maharashtra — Chalcolithic site 3. Mangadu — Kerala — Megalithic site 4. Salihundam — Andhra Pradesh — Rock-cut cave shrines (Archaeological Site — State — Description) In which of the above rows is the given information correctly matched?