{"id":2599,"date":"2025-05-04T20:22:52","date_gmt":"2025-05-04T14:52:52","guid":{"rendered":"https:\/\/lotusarise.com\/qna\/?p=2599"},"modified":"2025-05-04T20:22:54","modified_gmt":"2025-05-04T14:52:54","slug":"q-consider-the-following-statements-about-the-charter-act-of-1813","status":"publish","type":"post","link":"https:\/\/lotusarise.com\/qna\/upsc\/q-consider-the-following-statements-about-the-charter-act-of-1813","title":{"rendered":"Q. Consider the following statements about \u2018the Charter Act of 1813\u2019:"},"content":{"rendered":"\n
    \n
  1. It ended the trade monopoly of the East India Company in India except for trade in tea and trade with China.<\/li>\n\n\n\n
  2. It asserted the sovereignty of the British Crown over the Indian territories held by the Company.<\/li>\n\n\n\n
  3. The revenues of India were now controlled by the\u00a0British Parliament<\/strong>.<\/li>\n<\/ol>\n\n\n\n

    Which of the statements given above are correct?<\/strong><\/p>\n\n\n\n

      \n
    • 1 and 2 only<\/li>\n\n\n\n
    • 2 and 3 only<\/li>\n\n\n\n
    • 1 and 3 only<\/li>\n\n\n\n
    • 1, 2 and 3<\/li>\n<\/ul>\n\n\n\n
      \n

      Answer:<\/strong> (a) 1 and 2 only<\/strong><\/p>\n<\/blockquote>\n\n\n\n

      Charter Act of 1813<\/strong>:<\/h5>\n\n\n\n
        \n
      • The\u00a0Charter Act of 1813<\/strong>\u00a0renewed the Company\u2019s lease for another 20 years<\/strong>\u00a0but introduced key changes reflecting the shifting political and economic dynamics of the period.<\/li>\n\n\n\n
      • Causes\/Reasons behind Charter Act of 1813<\/strong>:\n
          \n
        • The expiry of privileges granted under the 1793 Act.<\/li>\n\n\n\n
        • Growing demands by free-trade enthusiasts in Britain, especially after\u00a0the Napoleonic Continental System\u00a0<\/strong>disrupted European trade.<\/li>\n\n\n\n
        • Ideological pressures from reformist groups and evangelicals in Britain.<\/li>\n\n\n\n
        • The Company faced financial strains due to wars and trade setbacks.<\/li>\n\n\n\n
        • Expansion of the Company\u2019s territories despite directives to avoid conquest.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
        • Salient Features of Charter Act of 1813<\/strong>:\n
            \n
          • The\u00a0Company\u2019s monopoly over trade with India was abolished<\/strong>, but it\u00a0retained monopoly over the\u00a0tea trade and trade with China.<\/strong><\/li>\n\n\n\n
          • The Company\u2019s privileges were renewed, but the Crown asserted\u00a0sovereignty over Indian territories.<\/strong><\/li>\n\n\n\n
          • The\u00a0Board of Control\u2019s powers<\/strong>\u00a0were expanded significantly.<\/li>\n\n\n\n
          • A provision was made to spend\u00a0\u20b91,00,000 annually<\/strong>\u00a0on the\u00a0promotion of education in India.<\/strong><\/li>\n\n\n\n
          • Allowed\u00a0missionaries to preach<\/strong>\u00a0Christianity in India.<\/li>\n\n\n\n
          • Defined British territories:<\/strong>\u00a0The Councils of Madras, Bombay, and Calcutta were required to submit their regulations to the British Parliament and for the first time, the British territories\u2019 constitutional position in India was clearly defined.<\/li>\n\n\n\n
          • Separate Accounts and Expanded Supervision:<\/strong>\u00a0Separate accounts were required for commercial transactions and territorial revenues. The Board of Control\u2019s powers of supervision and direction were expanded significantly.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n
            \n
            \"Charter<\/figure>\n<\/div>\n\n\n
            Pitt\u2019s India Act 1784<\/strong>:<\/h6>\n\n\n\n
              \n
            • It established an authority in England to supervise the company\u2019s affairs. This is known as the Board of Control which has\u00a06 members.<\/strong><\/li>\n\n\n\n
            • The revenues of India were controlled by the British parliament through Pitts India Act 1784.<\/strong><\/li>\n\n\n\n
            • The Governor-General in the council has more powers over Bombay and Madras Governors in matters related to the War, Revenue and Diplomacy.<\/li>\n\n\n\n
            • In India, the strength of the executive council was\u00a0reduced from four to three.<\/strong><\/li>\n<\/ul>\n\n\n
              \n
              \"Pitts<\/figure>\n<\/div>","protected":false},"excerpt":{"rendered":"

              Which of the statements given above are correct? Answer: (a) 1 and 2 only Charter Act of 1813: Pitt\u2019s India Act 1784:<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[1,3],"tags":[42],"years":[54],"class_list":["post-2599","post","type-post","status-publish","format-standard","hentry","category-upsc","category-prelims","tag-modern-history","years-54"],"acf":[],"taxonomy_info":{"category":[{"value":1,"label":"UPSC"},{"value":3,"label":"Prelims"}],"post_tag":[{"value":42,"label":"Modern History"}],"years":[{"value":54,"label":"2019"}]},"featured_image_src_large":false,"author_info":{"display_name":"LotusArise","author_link":"https:\/\/lotusarise.com\/qna\/author\/team-lotusarise"},"comment_info":0,"category_info":[{"term_id":1,"name":"UPSC","slug":"upsc","term_group":0,"term_taxonomy_id":1,"taxonomy":"category","description":"","parent":0,"count":1269,"filter":"raw","cat_ID":1,"category_count":1269,"category_description":"","cat_name":"UPSC","category_nicename":"upsc","category_parent":0},{"term_id":3,"name":"Prelims","slug":"prelims","term_group":0,"term_taxonomy_id":3,"taxonomy":"category","description":"","parent":1,"count":1251,"filter":"raw","cat_ID":3,"category_count":1251,"category_description":"","cat_name":"Prelims","category_nicename":"prelims","category_parent":1}],"tag_info":[{"term_id":42,"name":"Modern History","slug":"modern-history","term_group":0,"term_taxonomy_id":42,"taxonomy":"post_tag","description":"","parent":0,"count":87,"filter":"raw"}],"_links":{"self":[{"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/posts\/2599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/comments?post=2599"}],"version-history":[{"count":0,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/posts\/2599\/revisions"}],"wp:attachment":[{"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/media?parent=2599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/categories?post=2599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/tags?post=2599"},{"taxonomy":"years","embeddable":true,"href":"https:\/\/lotusarise.com\/qna\/wp-json\/wp\/v2\/years?post=2599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}