Which of the following act resulted in end of trade monopoly of East India Company? |ForumIAS

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Q. Which of the following act resulted in end of trade monopoly of East India Company?

[A] Regulating Act, 1773

[B] Pitt’s India Act, 1784

[C] Charter Act of 1793

[D] Charter Act of 1813

Answer: D

Notes:

Explanation: Charter Act of 1813 abolished the trade monopoly of the company in India i.e., the Indian trade was thrown open to all British merchants. However, it continued the monopoly of the company over trade in tea and trade with China.

Source: Laxmikanth Polity

Q. Which of the following act resulted in end of trade monopoly of East India Company?

Post-Mains Strategy Session by Mr. Ayush Sinha | ForumIAS