The commercial monopoly of the East India Company in India came to an end by :
MH SET - 2023, SET Exam - 2023,
Answer: C
The monopoly ended with the Charter Act, 1833.
The Charter Act of 1813 ended the East India Company's monopoly of trade with India but kept its monopoly of the tea trade and the trade with China. The Charter Act of 1833 abolished these remaining monopolies and ended the Company's commercial activities altogether, turning it into a purely administrative body governing India on behalf of the Crown. It also made the Governor-General of Bengal the Governor-General of India.
The Regulating Act (1773) and Pitt's India Act (1784) concerned the Company's administration and its control by Parliament, and the Charter Act of 1853 dealt with the legislative council and competitive recruitment; none ended the commercial monopoly.
Please log in or register to report this question.