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Q: Which of the following Acts was passed by the British Parliament, defining the powers and responsibilities of the various organs of the East India Company?
  • A. Indian Councils Act of 1892
  • B. Regulating Act of 1773
  • C. Government of India Act of 1858
  • D. Pitts India Act of 1784
Correct Answer: Option B - The Regulating Act of 1773 was passed by the British Parliament, defining the powers and responsibilities of the various organs of the East India Company. It had following features– • Prohibited servants of company from engaging in any private trade or accepting bribes from natives. • The Act elevated Governor of Bengal as Governor General of Bengal. • Establishment of a Supreme Court at Calcutta (1774).
B. The Regulating Act of 1773 was passed by the British Parliament, defining the powers and responsibilities of the various organs of the East India Company. It had following features– • Prohibited servants of company from engaging in any private trade or accepting bribes from natives. • The Act elevated Governor of Bengal as Governor General of Bengal. • Establishment of a Supreme Court at Calcutta (1774).

Explanations:

The Regulating Act of 1773 was passed by the British Parliament, defining the powers and responsibilities of the various organs of the East India Company. It had following features– • Prohibited servants of company from engaging in any private trade or accepting bribes from natives. • The Act elevated Governor of Bengal as Governor General of Bengal. • Establishment of a Supreme Court at Calcutta (1774).