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Q4·GS Paper 1 · Prelims 2019

Charter Act 1813 British India

HistoryBritish Colonial AdministrationStatement-basedMediumStatic

Question

Consider the following statements about 'the Charter Act of 1813':

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

Which of the statements given above are correct?

  1. 1.

    It ended the trade monopoly of the East India Company in India except for trade in tea and trade with China.

  2. 2.

    It asserted the sovereignty of the British Crown over the Indian territories held by the Company.

  3. 3.

    The revenues of India were now controlled by the British Parliament.

Options

a

1 and 2 only

b

2 and 3 only

c

1 and 3 only

d

1, 2 and 3

Answer

Explanation

All three statements are correct. Statement 1: The Charter Act of 1813 ended the East India Company's trade monopoly in India, though it retained monopoly in tea trade and trade with China until 1833. Statement 2: The Act explicitly asserted the sovereignty of the British Crown over Indian territories, reducing the Company to an administrative body. Statement 3: The Act brought Indian revenues under the control and oversight of the British Parliament, making India's finances a matter of parliamentary accountability. These provisions marked a significant shift from Company rule toward Crown control. > 1813 Act: ended monopoly (except tea/China), asserted Crown sovereignty, Parliament controlled revenues. Answer: d.

Question details

Year

2019

Paper

GS Paper 1

Question

Q4

Subject

History

Sub-topic

British Colonial Administration

Type

Statement-based

Difficulty

Medium

Nature

Static

Source hint

NCERT History - British India

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