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Multiple Choice Questions

Consider the following statements about the Charter Act of 1833 1 It brought the company rsquo s mon...........

Indian Governance and Polity(UPPCS) Evolution and Features of Constitution

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Consider the following statements about the Charter Act of 1833:

1. It brought the company’s monopoly of tea trade to an end.

2. The debts of the East India Company were to be handled by itself.

3. The Government of India came under the strict control of the British Parliament.

How many of the statements given above are correct?

Only One

Only Two

All Three

None

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Explanation:

1 only

It brought the company’s monopoly of tea trade to an end.

Correct. The Charter Act of 1833 ended the East India Company's monopoly on the trade of tea and other commodities with China.

The debts of the East India Company were to be handled by itself.

Incorrect. The act did not address the issue of the company's debts.

The Government of India came under the strict control of the British Parliament.

Incorrect. While the act introduced some changes in the governance structure of India, it did not place the government of India under the strict control of the British Parliament. The act continued to allow the company to govern its territories in India.

Therefore, the correct answer is 1 only.

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