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SSC Selection Post 2024 PYQ — Question 38

SSC Selection Post - Higher Secondary Level - 20 Jun 2024 - Shift 2 • General Awareness • Q38

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Which of the following Acts abolished the East India Company’s monopoly of trade with China?

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Correct answer: D

Explanation

The correct answer is Option 4 i.e. Charter Act of 1833

  • The Charter Act of 1833 ended the East India Company's trade monopoly with China and completely ended its commercial functions.

  • It marked the final step in converting the Company from a trading body into an administrative body.

  • The Act centralized legislative powers under the Governor-General of India in Council.

  • Lord William Bentinck became the first Governor-General of India after this Act.

  • It also attempted to introduce equal employment opportunities for Indians.