Here is Question No. 4 a part of our series on UPSC Prelims 2019
Q4. Consider the following statements about ‘the Charter Act of 1813’:
- It ended the trade monopoly of the East India Company in India except for trade in tea and trade with China.
- It asserted the sovereignty of the British Crown over the Indian territories held by the Company.
- 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
- Statement 1 is correct: The Company’s monopoly over trade in India ended, but the company retained the trade with China and the trade in tea.
- Statement 2 is correct and Statement 3 is not correct: The Company was to retain the possession of territories and the revenue for 20 years more, without prejudice to the sovereignty of the Crown. Thus, the constitutional position of the British territories in India were defined explicitly for the first time
For UPSC Prelims Resources, Click here
For Daily Updates and Study Material:
Join our Telegram Channel – Edukemy for IAS
- 1. Learn through Videos – here
- 2. Be Exam Ready by Practicing Daily MCQs – here
- 3. Daily Newsletter – Get all your Current Affairs Covered – here
- 4. Mains Answer Writing Practice – here
Visit our YouTube Channel – here
