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Multiple Choice Questions

Consider the following statements regarding Charter Act of 1813 1 The trade with India was open to a...........

Indian Political System(BPSC) Evolution and Features of Constitution

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Consider the following statements regarding Charter Act of 1813:

1. The trade with India was open to all British subjects.

2. After this act, the company continued to appoint offi cials in India.

3. The debts of the company were taken over by the Government of India.

Which of the above statements is/are correct?

1 only

2 only

2 and 3 only

1, 2 and 3

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Explanation:

Correct Option: (b) Explanation: Statement 1 is incorrect: Trade in tea and trade with China was still exclusive to the Company. Statement 3 is incorrect: The debts of the company were taken over by the Government of India after the Charter Act of 1833. Charter Act of 1813 By the Charter Act of 1813, the trade monopoly of the Company in India was ended and trade with India was thrown open to all British subjects. But trade in tea and trade with China was still exclusive to the Company. The Government and the revenues of India continued to be in the hands of the Company. The Company also continued to appoint its offi cials in India . Topic: Modern History Sub-Topic: British Administration before 1857

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