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What was the primary aim of the Regulating Act of 1773?
  • a)
    To establish a trade monopoly with India.
  • b)
    To provide justice to Europeans in India.
  • c)
    To regulate the administration of the East India Company.
  • d)
    To grant independence to Indian territories.
Correct answer is option 'C'. Can you explain this answer?
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What was the primary aim of the Regulating Act of 1773?a)To establish ...
The Regulating Act of 1773 was passed by the British Parliament to regulate the administration of the East India Company and exert control over its territories in India. The Act introduced changes in the Company's structure, including sharing revenues and communications with the government, elevating the position of the Governor of Bengal to Governor-General, and establishing a Supreme Court of Justice in Calcutta. The aim was to better govern the Company's affairs in India.
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What was the primary aim of the Regulating Act of 1773?a)To establish a trade monopoly with India.b)To provide justice to Europeans in India.c)To regulate the administration of the East India Company.d)To grant independence to Indian territories.Correct answer is option 'C'. Can you explain this answer?
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