Q. Consider the following statements:
1.The Regulating Act of 1773 doesn’t impose any legal obligation on court of directors.
2.The Governor and Council consisting of the Commander-in-Chief and two counselors sat as a Board of Revenue discussed revenue matters.
Which of the statements given above is/are correct?
Answer: B
Notes:
Explanation: The Regulating Act of 1773 imposed on the court of Directors the legal obligation of informing all revenue transactions of the Company servants to the British Treasury.
The Governor and Council consisting of the Commander-in-Chief and two counselors sat as a Board of Revenue which discussed revenue matters.
Source: Tamil Nadu NCERT
Discover more from Free UPSC IAS Preparation Syllabus and Materials For Aspirants
Subscribe to get the latest posts sent to your email.
