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Actions of the EIC in development of education in India

Charter act o...

Question

Charter act of 1853 Renewed lease for 50 years to the company in the name of British Crown

A

True

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B

False

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Solution

The correct option is B False

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Similar questions

Q.
With reference to Charter act 1833 select the correct from the following

1) It renewed the lease to company for period of 20 years
2) It ended EIC's Trade monopoly with China and tea.
3) All restrictions on Immigrants of Europe removed.

Choose the correct answer using the codes given below.

Q. The Charter Act of

1793

renewed the Company's monopoly for ___________ years.

Q. Britishers took Madras for lease in the year _____.

Q. Which British monarch granted a charter to the East India Company in 1600?

Q. Madan Engineers Ltd. purchased a new office equipment on

1

st January for Rs.

50, 000

on lease basis. The company intends to provide for renewal of lease at the end of

5

years by setting up depreciation fund which may be invested outside the business which will yield interest at

5 %

. Sinking fund table shows Rs.

0.2309

invested every year will provide Re.

1

5

5 %

interest. How much should be transferred to depreciation fund A/c every year in order to provide for renewal of the plant at the end of

5

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Actions of the EIC in development of education in India

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