Multiple choice

Consider the following statements:

  1. The Charter Act, 1853 abolished East India Company's monopoly of Indian trade.
  2. Under the Government of India Act, 1858, the British Parliament abolished the rule of East India Company and undertook the responsibility of ruling India directly.

Which of the statements given above is/are correct?

  1. 1 only

  2. 2 only

  3. Both 1 and 2

  4. Neither 1 nor 2

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Charter Act, 1813 (not 1853) abolished East India Company's monopoly of Indian trade.