British East India Company Acts
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Questions and Answers

Which act was passed to rectify the defects of the Regulating Act of 1773?

  • Chartion Act
  • Pitt's India Act - 1784
  • Charter Act 1793
  • Amending Act of 1781 (correct)
  • Which body controlled the commercial power of the East India Company according to Pitt's India Act of 1784?

  • Parliament
  • Governor General
  • Council of Directors
  • Board of Control (correct)
  • What power was given to the Governor General by the Charter Act of 1793?

  • Control over military operations
  • Supercede the Governor of Madras and Bombay (correct)
  • Enforce trade monopolies
  • Override decisions of the British Parliament
  • What financial requirement was placed on the Company by the Charter Act of 1793?

    <p>Cover the salary of the company's staff and Board of Control</p> Signup and view all the answers

    Which act continued the trade monopoly of the East India Company for another 20 years?

    <p>Charter Act 1793</p> Signup and view all the answers

    What was the purpose of introducing laws under the heading 'Introduction of Law'?

    <p>To rectify unnecessary issues made by the British Parliament</p> Signup and view all the answers

    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)

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    Description

    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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