Q. Consider the following statements regarding “regulating act of 1793”:
1.It gave the Governor-General more powers and control over the governments of the subordinate Presidencies of Bombay and Madras.
2.It extended the trade monopoly of the Company in India for a period of twenty years.
Which of the statements given above is/are correct?
Answer: C
Notes:
Explanation: Charter Act of 1793: The features of Act were as follows:
- It extended the overriding power given to Lord Cornwallis over his council, to all future Governor-Generals and Governors of Presidencies.
- It gave the Governor-General more powers and control over the governments of the subordinate Presidencies of Bombay and Madras.
- It extended the trade monopoly of the Company in India for another period of twenty years.
Source: Laxmikanth

