The result of the Charter Act of 1813 was the end of the Company's trade monopoly in India.

The Charter Act of 1813 was an important legislation passed by the British Parliament to regulate the affairs of the East India Company. It marked a significant turning point in the Company's history and had far-reaching consequences for its trade and governance in India.

Background:
- The East India Company had enjoyed a monopoly on trade with India since its formation in 1600.
- However, by the early 19th century, there was growing criticism of the Company's policies and concerns about its unchecked power and corruption.
- The British government wanted to open up trade with India to other British merchants and address the issues of mismanagement and corruption in the Company.

Key provisions of the Charter Act of 1813:
1. End of the trade monopoly: The Act ended the Company's monopoly on trade with India, allowing other British merchants to engage in trade with the country. This opened up new opportunities for trade and led to increased competition.

Consequences of the Act:
1. Increased trade and competition: The end of the Company's monopoly allowed for the entry of other British merchants into the Indian market. This led to increased trade and competition, benefiting both British merchants and the Indian economy.
2. Expansion of British influence: With the opening up of trade, British influence in India expanded further. British merchants established trading posts and factories in various parts of India, increasing their presence and control.
3. Shift in focus: With the end of the trade monopoly, the East India Company started focusing more on territorial expansion and governance in India. This eventually led to the Company's direct rule over large parts of the country.
4. Socio-economic changes: The increased trade and British presence had significant socio-economic consequences in India. It led to changes in the agricultural practices, introduction of new technologies, and integration of Indian markets into the global economy.
5. Political reforms: The Charter Act of 1813 also introduced some political reforms, such as the appointment of a Law Member in the Governor-General's Council and the establishment of a Bishopric in India. These reforms aimed to improve governance and administration in the country.

In conclusion, the Charter Act of 1813 resulted in the end of the East India Company's trade monopoly in India. It opened up trade to other British merchants, leading to increased competition and British influence in India. It also marked a shift in the Company's focus towards territorial expansion and governance. The Act had significant socio-economic and political consequences, shaping the future of British rule in India.