Q. With reference to the Regulating Act of 1773, consider the following statements:
1. It made the governors of Bengal, Bombay and Madras presidencies independent of one another.
2. It provided for the establishment of High Courts at Calcutta, Bombay and Madras.
3. It recognized, for the first time, the political and administrative functions of the company.
How many statements given above are correct?
Answer: A
Notes:
Exp) Option a is the correct answer.
Statement 1 is incorrect. The Regulating Act of 1773 made the governors of Bombay and Madras presidencies subordinate to the governor-general of Bengal. Earlier, the three presidencies were independent of one another.
Statement 2 is incorrect. The Act also provided for the establishment of a Supreme Court at Calcutta (1774) comprising one chief justice and three other judges.
Statement 3 is correct – The Regulating Act 1773 was the first step by British Parliament to regulate the affairs of the company. The Act for the first time recognized the political and administrative functions of the company.
