UPSC Prelims 2019 · GS Paper 1 · Q94

History

Medium · British Expansion, Charter Acts (1813)

Consider the following statements regarding the Charter Act of 1813:

1. It ended the East India Company's trade monopoly in India while preserving its monopoly over trade with China and the tea trade.

2. It asserted the sovereignty of the British Crown over all territories held by the Company in India.

3. It gave the British Parliament direct control over the revenues collected in India.

Which of the statements given above is/are correct?