[amp_mcq option1=”The Charter Act of 1793″ option2=”The Charter Act of 1813″ option3=”The Charter Act of 1833″ option4=”The Charter Act of 1853″ correct=”option3″]<\/p>\n
The correct answer is (c), The Charter Act of 1833.<\/p>\n
The Charter Act of 1833 was an Act of the Parliament of the United Kingdom that renewed the charter of the British East India Company for a further 20 years. The Act also abolished the company’s monopoly on trade with India, and opened up the Indian market to British merchants.<\/p>\n
The Charter Act of 1833 was a significant step in the development of British India. It marked the end of the company’s monopoly on trade, and it paved the way for the British government to take a more direct role in the administration of India.<\/p>\n
The other options are incorrect. The Charter Act of 1793 renewed the British East India Company’s charter for a further 20 years, but it did not change the company’s monopoly on trade with India. The Charter Act of 1813 also renewed the company’s charter, but it did allow for the company to trade with other countries in Asia. The Charter Act of 1853 further reformed the British East India Company, but it did not abolish the company’s monopoly on trade with India.<\/p>\n","protected":false},"excerpt":{"rendered":"
[amp_mcq option1=”The Charter Act of 1793″ option2=”The Charter Act of 1813″ option3=”The Charter Act of 1833″ option4=”The Charter Act of 1853″ correct=”option3″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-1833","post","type-post","status-publish","format-standard","hentry","category-history","no-featured-image-padding"],"yoast_head":"\n