Question

Which of the following are the features of charter Act of 1813?
1. The trade monopoly of the East India Company was ended.
2. Trade in tea and trade with China was still exclusive to the East India Company.
3. The debts of the East India Company were taken over by the Government of India.
Which of the above statement(s) is/are correct?

• A. Only 1 and 2
• B. Only 1 and 3
• C. Only 2 and 3
• D. All of the above

Answer 1

The correct option is A Only 1 and 2

It was through the charter Act of 1833 (and not the charter Act 1813) that the debts of the East India Company were taken over by the Government of India