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Q69 (CDS-I/2006) History & Culture › Modern India (Pre-1857) › Charter Acts and councils Answer Verified

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

Result
Your answer: —  Â·  Correct: C
Explanation

The commercial activities of the East India Company were finally terminated by the Charter Act of 1833. While the Charter Act of 1813 had previously broken the Company's general trade monopoly in India, it had preserved the Company's exclusive rights over the tea trade and trade with China [t2][t3]. The Charter Act of 1833 removed these remaining privileges, effectively ending the Company's status as a commercial body [c1][c3]. Consequently, the Company was transformed into a purely administrative entity, governing Indian territories in the name of the British Crown [c3][t2]. This transition was part of a broader shift toward laissez-faire economic policies and liberalism during the British Industrial Revolution [t4]. The Act also centralized administration by designating the Governor-General of Bengal as the Governor-General of India, granting him authority over all civil and military matters [t2][t4].

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] Rajiv Ahir. A Brief History of Modern India (2019 ed.). SPECTRUM. > Chapter 26: Constitutional, Administrative and Judicial Developments > The Charter Act of 1833 > p. 505
  3. [3] https://www.britannica.com/event/Government-of-India-Acts
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SIMILAR QUESTIONS

IAS · 2019 · Q4 Relevance score: 3.15

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?

CDS-I · 2002 · Q81 Relevance score: 2.57

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

CAPF · 2008 · Q75 Relevance score: 2.20

The administration of the English East India Company in India came to an end in—

IAS · 2003 · Q128 Relevance score: 1.63

Which one of the following provisions was NOT made in the Charter Act of 1833?