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Question
Which of the following statement(s) regarding Charter Act, 1833 is / are correct?
  1. The company became a political agent of the crown
  2. Company’s trade monopoly was ended except in tea trade
Select the correct option from the codes given below:
Options:
A .  2 only
B .  1 and 2 both
C .  1 only
D .  None
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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