{"id":91629,"date":"2025-06-01T11:01:31","date_gmt":"2025-06-01T11:01:31","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=91629"},"modified":"2025-06-01T11:01:31","modified_gmt":"2025-06-01T11:01:31","slug":"consider-the-following-statements-about-the-charter-act-of-1813-1","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-about-the-charter-act-of-1813-1\/","title":{"rendered":"Consider the following statements about &#8216;the Charter Act of 1813&#8217;:\n  1"},"content":{"rendered":"<p>Consider the following statements about &#8216;the Charter Act of 1813&#8217;:<\/p>\n<ul>\n<li>1. It ended the trade monopoly of the East India Company in India except for trade in tea and trade with China.<\/li>\n<li>2. It asserted the sovereignty of the British Crown over the Indian territories held by the Company.<\/li>\n<li>3. The revenues of India were now controlled by the British Parliament.<\/li>\n<\/ul>\n<p>Which of the statements given above are correct?<\/p>\n<p>[amp_mcq option1=&#8221;1 and 2 only&#8221; option2=&#8221;2 and 3 only&#8221; option3=&#8221;1 and 3 only&#8221; option4=&#8221;1, 2 and 3&#8243; correct=&#8221;option1&#8243;]<\/p>\n<div class=\"psc-box-pyq-exam-year-detail\">\n<div class=\"pyq-exam\">\n<div class=\"psc-heading\">This question was previously asked in<\/div>\n<div class=\"psc-title line-ellipsis\">UPSC IAS &#8211; 2019<\/div>\n<\/div>\n<div class=\"pyq-exam-psc-buttons\"><a href=\"\/pyq\/pyq-upsc-ias-2019.pdf\" target=\"_blank\" class=\"psc-pdf-button\" rel=\"noopener\">Download PDF<\/a><a href=\"\/pyq-upsc-ias-2019\" target=\"_blank\" class=\"psc-attempt-button\" rel=\"noopener\">Attempt Online<\/a><\/div>\n<\/div>\n<section id=\"pyq-correct-answer\">\nStatements 1 and 2 are correct, while statement 3 is incorrect.<br \/>\n<\/section>\n<section id=\"pyq-key-points\">\nStatement 1 is correct. The Charter Act of 1813 ended the East India Company&#8217;s monopoly on trade in India, opening it to all British merchants. However, it specifically retained the Company&#8217;s monopoly over the trade in tea and its trade with China.<br \/>\nStatement 2 is correct. The Act formally asserted the sovereignty of the British Crown over the territories held by the Company in India, signifying a shift in the constitutional position.<br \/>\nStatement 3 is incorrect. While the Act brought the Company&#8217;s territories and revenues under greater parliamentary oversight, the revenues of India were still primarily under the control and management of the East India Company. Parliament did not take direct control of Indian revenues at this stage; that control was asserted more definitively by later Acts, particularly after the 1857 revolt.<br \/>\n<\/section>\n<section id=\"pyq-additional-information\">\nThe Act of 1813 also included provisions for the promotion of education in India (allocating funds for the revival and improvement of literature and the encouragement of learned natives) and permitted Christian missionaries to come to India.<br \/>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Consider the following statements about &#8216;the Charter Act of 1813&#8217;: 1. It ended the trade monopoly of the East India Company in India except for trade in tea and trade with China. 2. It asserted the sovereignty of the British Crown over the Indian territories held by the Company. 3. The revenues of India were &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Consider the following statements about &#8216;the Charter Act of 1813&#8217;:\n  1\" class=\"read-more button\" href=\"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-about-the-charter-act-of-1813-1\/#more-91629\">Detailed Solution<span class=\"screen-reader-text\">Consider the following statements about &#8216;the Charter Act of 1813&#8217;:<br \/>\n  1<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1092],"tags":[1119,1194,1124],"class_list":["post-91629","post","type-post","status-publish","format-standard","hentry","category-upsc-ias","tag-1119","tag-constitutional-development-of-india","tag-modern-history-of-india","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Consider the following statements about &#039;the Charter Act of 1813&#039;:  1<\/title>\n<meta name=\"description\" content=\"Statements 1 and 2 are correct, while statement 3 is incorrect. Statement 1 is correct. The Charter Act of 1813 ended the East India Company&#039;s monopoly on trade in India, opening it to all British merchants. However, it specifically retained the Company&#039;s monopoly over the trade in tea and its trade with China. Statement 2 is correct. The Act formally asserted the sovereignty of the British Crown over the territories held by the Company in India, signifying a shift in the constitutional position. Statement 3 is incorrect. While the Act brought the Company&#039;s territories and revenues under greater parliamentary oversight, the revenues of India were still primarily under the control and management of the East India Company. Parliament did not take direct control of Indian revenues at this stage; that control was asserted more definitively by later Acts, particularly after the 1857 revolt.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-about-the-charter-act-of-1813-1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Consider the following statements about &#039;the Charter Act of 1813&#039;:  1\" \/>\n<meta property=\"og:description\" content=\"Statements 1 and 2 are correct, while statement 3 is incorrect. Statement 1 is correct. The Charter Act of 1813 ended the East India Company&#039;s monopoly on trade in India, opening it to all British merchants. However, it specifically retained the Company&#039;s monopoly over the trade in tea and its trade with China. Statement 2 is correct. The Act formally asserted the sovereignty of the British Crown over the territories held by the Company in India, signifying a shift in the constitutional position. Statement 3 is incorrect. While the Act brought the Company&#039;s territories and revenues under greater parliamentary oversight, the revenues of India were still primarily under the control and management of the East India Company. Parliament did not take direct control of Indian revenues at this stage; that control was asserted more definitively by later Acts, particularly after the 1857 revolt.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-about-the-charter-act-of-1813-1\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T11:01:31+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Consider the following statements about 'the Charter Act of 1813':  1","description":"Statements 1 and 2 are correct, while statement 3 is incorrect. Statement 1 is correct. The Charter Act of 1813 ended the East India Company's monopoly on trade in India, opening it to all British merchants. However, it specifically retained the Company's monopoly over the trade in tea and its trade with China. Statement 2 is correct. The Act formally asserted the sovereignty of the British Crown over the territories held by the Company in India, signifying a shift in the constitutional position. Statement 3 is incorrect. While the Act brought the Company's territories and revenues under greater parliamentary oversight, the revenues of India were still primarily under the control and management of the East India Company. Parliament did not take direct control of Indian revenues at this stage; that control was asserted more definitively by later Acts, particularly after the 1857 revolt.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-about-the-charter-act-of-1813-1\/","og_locale":"en_US","og_type":"article","og_title":"Consider the following statements about 'the Charter Act of 1813':  1","og_description":"Statements 1 and 2 are correct, while statement 3 is incorrect. Statement 1 is correct. The Charter Act of 1813 ended the East India Company's monopoly on trade in India, opening it to all British merchants. However, it specifically retained the Company's monopoly over the trade in tea and its trade with China. Statement 2 is correct. The Act formally asserted the sovereignty of the British Crown over the territories held by the Company in India, signifying a shift in the constitutional position. Statement 3 is incorrect. While the Act brought the Company's territories and revenues under greater parliamentary oversight, the revenues of India were still primarily under the control and management of the East India Company. Parliament did not take direct control of Indian revenues at this stage; that control was asserted more definitively by later Acts, particularly after the 1857 revolt.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-about-the-charter-act-of-1813-1\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2025-06-01T11:01:31+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-about-the-charter-act-of-1813-1\/","url":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-about-the-charter-act-of-1813-1\/","name":"Consider the following statements about 'the Charter Act of 1813': 1","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2025-06-01T11:01:31+00:00","dateModified":"2025-06-01T11:01:31+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"Statements 1 and 2 are correct, while statement 3 is incorrect. Statement 1 is correct. The Charter Act of 1813 ended the East India Company's monopoly on trade in India, opening it to all British merchants. However, it specifically retained the Company's monopoly over the trade in tea and its trade with China. Statement 2 is correct. The Act formally asserted the sovereignty of the British Crown over the territories held by the Company in India, signifying a shift in the constitutional position. Statement 3 is incorrect. While the Act brought the Company's territories and revenues under greater parliamentary oversight, the revenues of India were still primarily under the control and management of the East India Company. Parliament did not take direct control of Indian revenues at this stage; that control was asserted more definitively by later Acts, particularly after the 1857 revolt.","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-about-the-charter-act-of-1813-1\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-about-the-charter-act-of-1813-1\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-statements-about-the-charter-act-of-1813-1\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"UPSC IAS","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/upsc-ias\/"},{"@type":"ListItem","position":3,"name":"Consider the following statements about &#8216;the Charter Act of 1813&#8217;: 1"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/91629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=91629"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/91629\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=91629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=91629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=91629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}