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General Knowledge

British Expansion and Consolidation

Question

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 East India Company altogether and undertook the responsibility of ruling India directly.
Which of the statement(s) given above is/are correct?

A

Only 1

B

Only 2

C

Both 1 and 2

D

Neither 1 nor 2

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Solution

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Correct option is B. Only 2

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Similar Questions

Q1

Consider the following statements:
1. The Charter Act 1853 abolished East India Companys monopoly of Indian trade.
2. Under the Government of India Act, 1858, the British Parliament abolished the East India company altogether and undertook the responsibility of ruling India directly.
Which of the above statement(s) is/are correct?

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Q2

Monopoly of the British East India company over Indian Trade was abolished by Charter Act of _________.

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Q3

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?

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Q4

The East India Company lost its monopoly of Indian trade under the Charter Act of 1833.

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Q5

Reason
The East India Company was unwilling to administer India any more.
Assertion
The Government of India Act of 1858 transferred the governance of India from the East India Company to the Crown.
The Government of India Act of 1858 transferred the governance of India from the East India Company to the Crown.

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