Question
Which of the following statement(s) regarding Charter Act, 1833 is / are correct?
- The company became a political agent of the crown
- Company’s trade monopoly was ended except in tea trade
Answer: Option C
Answer: (c)This act marked the beginning of Indian legislature. It provided for a single central legislative council instead of three. The policy of free trade was introduced by completely ending the monopoly of company in trade in India.
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Answer: (c)This act marked the beginning of Indian legislature. It provided for a single central legislative council instead of three. The policy of free trade was introduced by completely ending the monopoly of company in trade in India.
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