DSSSB TGT/PGT/PRT Exam  >  DSSSB TGT/PGT/PRT Questions  >   Consider the following statements:Statement-... Start Learning for Free
Consider the following statements:
Statement-I:
Abolished India's trade monopoly except for trade in tea and trade with China.
Statement-II:
The Company became a purely administrative body.
Which one of the following is correct in respect of the above statements?
  • a)
    Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
  • b)
    Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
  • c)
    Statement-I is correct, but Statement-II is incorrect
  • d)
    Statement-I is incorrect, but Statement-II is correct
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements:Statement-I:Abolished India's trade...

Statement-I correctly mentions that the Charter Act of 1813 abolished India's trade monopoly except for trade in tea and trade with China, which is accurate. However, Statement-II stating that "The Company became a purely administrative body" is incorrect. The Act did not make the Company a purely administrative body; it allowed for the entry of Christian missionaries and authorized local governments in India to levy taxes. This makes Statement-II incorrect, leading to the correct option being C: Statement-I is correct, but Statement-II is incorrect.
Community Answer
Consider the following statements:Statement-I:Abolished India's trade...
Explanation:

Statement-I:
- The statement is correct as the British East India Company abolished India's trade monopoly except for trade in tea and trade with China. This move opened up the Indian market to other traders and companies, leading to increased competition and economic growth.

Statement-II:
- The statement is also correct as the British East India Company transitioned from being primarily a trading company to becoming a purely administrative body. This change occurred after the Company's role in governing India was formalized through various charters and acts passed by the British Parliament.

Correct Answer:
- Both Statement-I and Statement-II are correct, but Statement-II does not necessarily explain Statement-I. While both statements are related to the actions of the British East India Company in India, they represent different aspects of the Company's operations during that time.
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Consider the following statements:Statement-I:Abolished India's trade monopoly except for trade in tea and trade with China.Statement-II:The Company became a purely administrative body.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'C'. Can you explain this answer?
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Consider the following statements:Statement-I:Abolished India's trade monopoly except for trade in tea and trade with China.Statement-II:The Company became a purely administrative body.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'C'. Can you explain this answer? for DSSSB TGT/PGT/PRT 2024 is part of DSSSB TGT/PGT/PRT preparation. The Question and answers have been prepared according to the DSSSB TGT/PGT/PRT exam syllabus. Information about Consider the following statements:Statement-I:Abolished India's trade monopoly except for trade in tea and trade with China.Statement-II:The Company became a purely administrative body.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for DSSSB TGT/PGT/PRT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:Statement-I:Abolished India's trade monopoly except for trade in tea and trade with China.Statement-II:The Company became a purely administrative body.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'C'. Can you explain this answer?.
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