The correct answer is option 2 - Montague-Chelmsford Reforms.

Option 1 - Morley-Minto Reforms: The Morley-Minto Reforms refer to a set of constitutional reforms introduced by the British Government of India in 1909, which gave limited powers to Indians in the Legislative Councils.

Option 3 - Regulating Act: The Regulating Act of 1773 was the first major British statute dealing with the governance of the British East India Company`s territories in India. It mainly focused on reforms within the East India Company.

Option 4 - Pitts India Act: The Pitts India Act of 1784 was another important legislation that aimed to regulate the government of British India. It established a Board of Control to oversee the administration of the Company`s territories.

Alert - correct answer should be 1. Morley-Minto Reforms.