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Which among the following are correct about the Charter act of 1853? 
1. It introduced an open competition system of selection and recruitment of civil servants 
2. At that time, the civil services of the company were classified into covenanted civil services and uncovenanted civil services 
3. The covenanted civil services was created by a law of the company 
Choose from the following options:
  • a)
    1 and 2 Only
  • b)
    2 Only
  • c)
    1 and 3 Only
  • d)
    All of them
Correct answer is option 'D'. Can you explain this answer?
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Which among the following are correct about the Charter act of 1853? ...
For the 2nd and 3rd statement, see the notes and references mentioned after chapter Laxmikanth. 
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Which among the following are correct about the Charter act of 1853? ...
Charter Act of 1853:

The Charter Act of 1853 was an act passed by the British Parliament to renew the charter of the East India Company. This act had significant implications for the administration of India. Some of the important features of the act are as follows:

1. Introduction of an open competition system of selection and recruitment of civil servants:

The Charter Act of 1853 introduced an open competition system of selection and recruitment of civil servants. Under this system, civil servants were selected on the basis of a competitive examination held in London. This system replaced the earlier system of patronage and nomination.

2. Classification of civil services:

At that time, the civil services of the company were classified into covenanted civil services and uncovenanted civil services. The covenanted civil services were those services whose members had signed a bond or covenant with the company. The uncovenanted civil services were those services whose members had not signed such a bond.

3. Creation of covenanted civil services:

The covenanted civil services were created by a law of the company. The members of these services were appointed by the directors of the company on the recommendation of the Court of Directors.

4. Appointment of Governor-General:

The Charter Act of 1853 also provided for the appointment of a Governor-General of India who would be assisted by an Executive Council. The Governor-General was given extensive powers and was made responsible for the administration of India.

In conclusion, the Charter Act of 1853 was an important milestone in the history of India's administration. It introduced significant reforms in the civil services and laid the foundation for a modern administrative system in India.
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Which among the following are correct about the Charter act of 1853? ...
All of them are correct so the ans is D
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PASSAGE IIIThe need for Competition Law becomes more evident when foreign direct investment (FDI) is liberalised. The impact of FDI is not always pro-competitive. Very often FDI takes the form of a foreign corporation acquiring a domestic enterprise or establishing a joint venture with one. By making such an acquisition the foreign investor may substantially lessen competition and gain a dominant position in the relevant market, thus charging higher prices. Another scenario is where the affiliates of two separate multinational companies (MNCs) have been established in competition with one another in a particular developing economy, following the liberisation of FDI. Subsequently, the parent companies overseas merge. With the affiliates no longer remaining independent, competition in the host country may be artificially inflated. Most of these adverse consequences of mergers and acquisitions by MNCs can be avoided if an effective competition law is in place. Also, an economy that has implemented an effective competition law is in a better position to attract FDI than one that has not. This is not just because most MNCs are expected to be accustomed to the operation of such a law in their home countries and know how to deal with such concerns but also that MNCs expect competition authorities to ensure a level playing field between domestic and foreign firms.Q. With reference to the passage, consider the following statements:1. It is desirable that the impact of Foreign Direct investment should be pro-competitive.2. The entry of foreign investors invariably leads to the inflated prices in domestic markets.Which of the statements given above is/are correct?

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Which among the following are correct about the Charter act of 1853? 1. It introduced an open competition system of selection and recruitment of civil servants 2. At that time, the civil services of the company were classified into covenanted civil services and uncovenanted civil services 3. The covenanted civil services was created by a law of the company Choose from the following options:a) 1 and 2 Onlyb) 2 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'D'. Can you explain this answer?
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Which among the following are correct about the Charter act of 1853? 1. It introduced an open competition system of selection and recruitment of civil servants 2. At that time, the civil services of the company were classified into covenanted civil services and uncovenanted civil services 3. The covenanted civil services was created by a law of the company Choose from the following options:a) 1 and 2 Onlyb) 2 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which among the following are correct about the Charter act of 1853? 1. It introduced an open competition system of selection and recruitment of civil servants 2. At that time, the civil services of the company were classified into covenanted civil services and uncovenanted civil services 3. The covenanted civil services was created by a law of the company Choose from the following options:a) 1 and 2 Onlyb) 2 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which among the following are correct about the Charter act of 1853? 1. It introduced an open competition system of selection and recruitment of civil servants 2. At that time, the civil services of the company were classified into covenanted civil services and uncovenanted civil services 3. The covenanted civil services was created by a law of the company Choose from the following options:a) 1 and 2 Onlyb) 2 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'D'. Can you explain this answer?.
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