6 Questions
Which act was passed to rectify the defects of the Regulating Act of 1773?
Amending Act of 1781
Which body controlled the commercial power of the East India Company according to Pitt's India Act of 1784?
Board of Control
What power was given to the Governor General by the Charter Act of 1793?
Supercede the Governor of Madras and Bombay
What financial requirement was placed on the Company by the Charter Act of 1793?
Cover the salary of the company's staff and Board of Control
Which act continued the trade monopoly of the East India Company for another 20 years?
Charter Act 1793
What was the purpose of introducing laws under the heading 'Introduction of Law'?
To rectify unnecessary issues made by the British Parliament
Study Notes
Amending Act of 1781
- Aimed to rectify the defects of the Regulating Act of 1773
- An act of settlement for the East India Company (EIC)
Pitts India Act - 1784
- Divided EIC properties and possessions into two:
- Double Government
- Power of EIC
- Power of EIC divided into two:
- Civil, Military, and Administrative Power
- Commercial Power controlled by:
- Board of Control
- Court of Directors
Introduction of Law
- Unnecessary laws were rectified by the British Parliament
Charter Act of 1793
- Trade monopoly continued for another 20 years
- Political function of the company was on behalf of the British Government
- Governor General was given more powers, including:
- Ability to override Council's decisions in certain circumstances
- Ability to supersede Governors of Madras and Bombay
- Salary of company staff was paid by the company, with 5 lakh from Indian Revenue going to the British Government
- Company licensed individual employees to carry on trade in India, known as Privilege or Company Trade
Charter Act
- Two key aspects:
- Trade Monopoly
- Undoubtable powers granted to the EIC
- EIC had a monopoly over China trade
Charter
- Three key aspects:
- Final Statute made
- Law commonly made
- Operation of the company (British)
This quiz covers the Amending Act of 1781 and Pitts India Act of 1784, focusing on the regulation and governance of the East India Company.
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