Question

Which of the following Acts was passed by the British Parliament, defining the powers and responsibilities of the various organs of the East India Compаnу?

• A. Indian Councils Act of 1892
• B. Pitt's India Act of 1784
• C. Regulating Act of 1773
• D. Government of India Act of 1858

Answer 1

Answer:

C. Regulating Act of 1773

• The Regulating Act of 1773 was a crucial piece of legislation passed by the British Parliament.

• It aimed to improve the governance of the East India Company bye stablishing a more structured system of control and oversight.

• The regulating Act of 1773 was passed by the British Parliament to control the territories of the East India Company majorly in Bengal.

• This act was passed due to the misgovernment by the British East India government that introduced a situation of bankruptcy and the government had to interfere with the affairs of the Company.