Multiple choice

The monopoly of the Indian trade of the East India Company was abolished by the

  1. regulating Act 1773

  2. charter Act, 1813

  3. charter Act 1853

  4. government of India Act 1858
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Charter Act of 1813 ended the East India Company's monopoly over Indian trade (except for tea and trade with China) by opening India to private British merchants. The 1773 Regulating Act only regulated the Company's affairs, the 1853 Charter Act dealt with civil services and legislative council, and the 1858 Government of India Act transferred power to the Crown after the 1857 rebellion.

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