Through which one of the following, were commercial activi ties of the East India Company finally put to an end ?

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Q: 69 (CDS-I/2006)
Through which one of the following, were commercial activi ties of the East India Company finally put to an end ?

question_subject: 

History

question_exam: 

CDS-I

stats: 

0,73,66,6,33,73,27

keywords: 

{'east india company': [4, 0, 2, 1], 'charter act': [1, 0, 1, 1], 'commercial activi ties': [0, 0, 1, 0]}

The correct answer is option 3: The Charter Act of 1833.

In order to understand why this option is the correct answer, let`s briefly discuss the other options.

- The Charter Act of 1793, option 1, did not put an end to the commercial activities of the East India Company.

- The Charter Act of 1813, option 2, also did not end the commercial activities of the company.

Now, let`s focus on option 3, the Charter Act of 1833. This act was a significant turning point in the governance of India and the activities of the East India Company. It aimed to reform the company`s administration and reduce its commercial activities. The Act established a new governing body called the Governor-General in Council, which had increased power and oversight over the company`s operations.

One of the key changes introduced by the Charter Act of 1833 was the end of the company`s monopoly over trade with India. It opened up the Indian market to private merchants and ended the company`s exclusive control. This effectively marked the beginning of the end for the commercial activities of the East India Company.

Therefore, option 3, the Charter Act of 1833, is the correct answer as it played