Consider the following statements regarding The Regulating Act of 1773 1 The Governor General became...........

Ancient and Medival History Later Mughals and Advent of Europeans

Consider the following statements regarding The Regulating Act of 1773

1. The Governor General became very powerful

2. The act put an end to the arbitrary rule of the Company

3. This Act promoted the servants of the Company including the Governor-General, members of his council and the judges of the Supreme Court from receiving directly or indirectly any gifts in kind or cash

Select the incorrect code

1&2 only

1&3 only

2&3 only

1,2&3 only

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Explanation:

Merits and Demerits of the Act
The significance of the Regulating Act is that it brought the affairs of the Company under the control of the Parliament. Besides, it proved that the Parliament of England was concerned about the welfare of Indians. The greatest merit of this Act is that it put an end to the arbitrary rule of the Company and provided a framework for all future enactments relating to the governing of India. The main defect of the Act was that the Governor-General was made powerless because the council which was given supreme power often created deadlocks by over-ruling his decision.
However, many of these defects were rectified by the Pitt’s India Act of 1784.
This Act prevented the servants of the Company including the Governor-General, members of his council and the judges of the Supreme Court from receiving directly or indirectly any gifts in kind or cash.