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Q26 (IAS/2006) History & Culture › National Movement (1857–1947) › Constitutional reforms acts Answer Verified

Consider the following statements : I. The Charter Act of 1853 abolished East India Company’s monopoly of India trade. II. Under the Government of India Act 1858, the British Parliament abolished the East India Company altogether and undertook the responsibility of ruling India directly. Which of the following statements given above is/are correct?

Result
Your answer: —  ·  Correct: B
Explanation

Statement I is incorrect. The Company’s commercial monopoly had been ended prior to 1853—the Charter Act of 1833 ended the Company’s commercial activities and its monopoly over trade, while the 1853 Act chiefly reorganised administrative/legislative arrangements rather than abolishing the trade monopoly [1]. Statement II is correct. The Government of India Act (1858) effectively abolished the East India Company’s rule and transferred governance, territories and revenues to the British Crown, placing administration under a Secretary of State for India responsible to Parliament and vesting ultimate authority in the Crown [2]. Therefore only statement II is correct.

Sources

  1. [1] Modern India ,Bipin Chandra, History class XII (NCERT 1982 ed.)[Old NCERT] > Chapter 5: The Structure of the Government and the Economic Policies of the British Empire in India, 1757—1857 > The Structure of Government > p. 92
  2. [2] Laxmikanth, M. Indian Polity. 7th ed., McGraw Hill. > Chapter 1: Historical Background > Government of India Act of 1858 > p. 4
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SIMILAR QUESTIONS

IAS · 2019 · Q4 Relevance score: 7.31

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?

CAPF · 2025 · Q26 Relevance score: 5.48

Match List-I with List-II and select the answer using the code given below the Lists : List-I (Act of the British Parliament) A. The Pitt's India Act, 1784 B. The Charter Act, 1813 C. The Charter Act, 1833 D. The Charter Act, 1853 List-II (Key Provision) 1. Enlargement of the Governor-General's Legislative Council 2. Discrimination against Indians removed in matters of employment and higher service 3. Board set up by the Crown to control affairs of India 4. Termination of monopoly of East India Company over Indian trade Code : (a) A B C D 1 4 2 3 (b) A B C D 1 2 4 3 (c) A B C D 3 4 2 1 (d) A B C D 3 2 4 1

CDS-II · 2018 · Q61 Relevance score: 5.12

Which of the following statements relating to the Government of India Act, 1858 is/are correct? 1. The British Crown assumed sovereignty over India from the East India Company. 2. The British Parliament enacted the first statute for the governance of India under the direct rule of the British. 3. This Act was dominated by the principle of absolute imperial control without any popular participation in the administration of the country. Select the correct answer using the code given below.

CDS-I · 2002 · Q81 Relevance score: 4.34

With reference to the colonial period of India, the trade monopoly of the East India Company was ended by

NDA-II · 2011 · Q3 Relevance score: 4.15

Statement I: The private trade of the East India Company’s officials in the 18 century had flowered with the indirect patronage of the authorities of the Company. Statement II : The extra-legal power enjoyed by the foreign merchants and the duty-free nature of their private trade virtually edged the indigenous merchants out of competition.