Q. The Regulating Act 1773 has a great constitutional importance due to which of the following?
1. It was the first step taken by the British Government to control and regulate the affairs of the East India Company in India.
2. It was the first step to recognize the political, economic and administrative functions of the Company.
3. It was laid the foundations of centralized administration in India.
Select the correct answer using the code given below:
Answer: C
Notes:
Regulating act of 1773 was of great constitutional importance as
- It was the first step taken by the British Government to control and regulate the affairs of the East India Company in India;
- It recognized, for the first time, the political and administrative functions of the Company; and
- It laid the foundations of central administration in India.
Source: Laxmikanth.
