With reference to the Charter Act of 1793, consider the following statements: 1. The Act allowed the East India Company to grant trade licenses to private individuals and employees. 2. It separated revenue administration from judicial functions. 3. It ended the practice of paying members of the Home Government from Indian revenues. Which of the statements given above is/are correct? |ForumIAS

[A] 1 and 2 only

[B] 2 and 3 only

[C] 1 and 3 only

[D] 1, 2 and 3

Answer: A

Notes:

Explanation:

The Act allowed the Company to issue ‘privilege’ or ‘country trade’ licences, enabling private trade by individuals and employees—especially opium trade with China.
It separated revenue and judicial functions, which led to the disappearance of Maal Adalats (revenue courts).
Instead of ending it, the Act continued the practice of paying Home Government members from Indian revenues, a provision that remained until 1919.

Source: Spectrum’s A Brief History of Modern India.

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