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Which of the following provisions were made in the Charter Act of 1813? 1. Ending of Company’s monopoly over trade in India, except for trade with China and trade in tea. 2. It was provided for the establishment of a Supreme Court at Calcutta. 3. Annually a sum of one lakh rupees was to be set aside for promotion of education. Select the correct answer using the code given below

Which of the following provisions were made in the Charter Act of 1813? 1. Ending of Company’s monopoly over trade in India, except for trade with China and trade in tea. 2. It was provided for the establishment of a Supreme Court at Calcutta. 3. Annually a sum of one lakh rupees was to be set aside for promotion of education. Select the correct answer using the code given below Correct Answer 1 and 3 only

The correct answer is 1 and 3 only.

Key Points

  • Provisions of the Charter Act of 1813:
    • The company’s monopoly over trade in India ended, but the company retained the trade with China and the trade in tea.
    • The company's shareholders were given a 10.5 percent dividend on the revenue in India.
    • The company was to retain the possession of territories and the revenue for 20 years more, without prejudice to the sovereignty of the Crown.
    • Powers of the Board of Control were further enlarged
    • A sum of one lakh was to be set aside for the revival, promotion, and encouragement of literature, learning, and science among the natives of India, every year.
  • It was the Regulating Act, 1773 which provided for the establishment of a Supreme Court at Calcutta (1774) comprising one chief justice and three other judges. Hence, only statement 2 is not correct.

Related Questions

Consider the following statements about 'the Charter Act of 1813': 1. It ended the trade monopoly of the East India Company in India except for trade in tea and trade with China. 2. It asserted the sovereignty of the British Crown over the Indian territories held by the Company. 3. The revenues of India were now controlled by the British Parliament. Which of the statements given above are correct?
Which of the following statements is correct about "Charter Act of 1813"? 1) The trade monopoly of the East India Company ended, but in trade with China and the tea trade, the company still retained its monopoly. 2) With this act, the christian missionaries were allowed to spread their religion in India.
The constitution of India has made which of the following provisions to safeguard and ensure the independence and impartial functioning of the Supreme court? 1. The salaries, allowances, privileges, leave and pension of the judges of the Supreme Court cannot be changed to their disadvantage after their appointment even during a financial emergency. 2. The retired judges of the Supreme Court are prohibited from pleading or acting in any Court or before any authority within the territory of India. 3. The Parliament is not authorised to curtail the jurisdiction and powers of the Supreme Court. 4. The judges of the Supreme Court are provided with the Security of Tenure. Select the correct answer using the correct code given below:
Which of the following statements are correct? Answer by using the code given below:
1. Persons in Govt/Judicial service need not resign to participate in District judge selection process held in "Vijay Kumar Misra and another v. High Court of Judicature at Patna" by the Supreme Court of India
2. The Supreme Court of India held in S. Kazi v. Muslim Education Society that " All Tribunals are not necessary parties to the proceedings where legality of its orders challenged"
3. The Supreme Court of India observed in Cardanumom Marketing Corporation and others v. State of Kerala and others that Social Security to the legal profession becomes an essential part of legal system
4. The Supreme Court of India held in 'Union of India v. Rajasthan High Court and others that High Court judges are exempted from Airport frisking.
Study the given bar graph and answer the question that follows. A tea plantation company produces three varieties of tea - black tea, green tea and herbal tea. The production of three varieties (in million tonnes) over a period of six years from 2014 to 2019, has been shown in the bar graph here. The X-axis represents the years and the Y-axis displays the production of the three varieties in million tonnes. The average value of the combined production of black tea and herbal tea from 2014 to 2019 is what percent (up to 1 decimal place) of the average value of the production of green tea during the same period?
Study the given bar graph and answer the question that follows. A tea plantation company produces three varieties of tea-black tea, green tea, and herbal tea. The production of three varieties (in million tonnes) over a period of six years from 2014 to 2019, has been shown in the bar graph here. The X-axis represents the years and the Y-axis displays the production of the three varieties in million tonnes. The average production of black tea in 2014, 2015, and 2018 is how much more or less (in million tomes) than the average production of green tea in 2016, 2017, and 2019?
Study the given bar graph and answer the question that follows. A tea plantation company produces three varieties of tea - black tea, green tea and herbal tea. The production of three varieties (in million tonnes) over a period of six years from 2014 to 2019, has been shown in the bar graph here. The X-axis represents the years and the Y-axis displays the production of the three varieties in million tonnes.   The total production of green tea in 2016 and 2018 is what percent of the total production of herbal tea in 2015 and 2017?
A five-judge bench of the Supreme Court passes judgment in a matter. In a later case before a high court, a party presents the Supreme Court judgment as a binding authority. The opposing party claims that the high court is not bound by the Supreme Court's judgment because relevant provisions of law were not brought to the notice of the Supreme Court in that case. Which of the following is most correct in this case?
Principle: Article 141 of the Constitution provides that the law declared by the Supreme Court is binding on all courts within the territory of India.
Which of the following charter acts ended the commercial trade monopoly of the East India Company in India except for trade in tea and trade with China?
With regard to the Charter Act of 1833, consider the following statements: 1. It ended the Company's monopoly over trade with China and in tea. 2. All restrictions on European immigration and the acquisition of property in India were lifted. 3. It instructed the government of India to abolish slavery. Which of the statements given above is/are correct?