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First Regulating Act was passed because:
  • a)
    East India Company was to be given more freedom
  • b)
    British Parliament wanted to have some hand in the affairs of the Company
  • c)
    On the advice of the Prime Minister
  • d)
    None of these
Correct answer is option 'B'. Can you explain this answer?
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First Regulating Act was passed because:a)East India Company was to be...
The Regulating Act was passed by the British parliament in 1773 to regulate the affairs of the East India Company. Its main object was to bring the company under the control of the British parliament.
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First Regulating Act was passed because:a)East India Company was to be given more freedomb)British Parliament wanted to have some hand in the affairs of the Companyc)On the advice of the Prime Ministerd)None of theseCorrect answer is option 'B'. Can you explain this answer?
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