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The Charter Act of 1813 left intact the Company’s monopoly of ------- trade.
A) China
B) Jawa
C) Ceylon
D) Japan

Answer
VerifiedVerified
564.6k+ views
Hint: The first governor widespread of India changed into Warren Hasting. During the time of 1773, there has been corruption withinside the Company for which the British authorities determined to manipulate the governance.

Complete step by step answer:
The East India Company changed into simple terms buying and selling company, managing import to items and treasured metals into India and export of spices and textiles. The British mercantile business capitalist elegance exploited India as the commercial revolution in Britain absolutely converted Britain’s economy. Even, the Charter Act of 1813, allowed one-manner unfastened exchange for British citizens, ensuing in Indian markets flooded with reasonably-priced and machine-made imported items from Britain. Indians now no longer misplace their overseas markets, however their Indian markets too. The Charter Act of 1813 left intact the Company’s monopoly of tea exchange with China. This changed due to the debate among the British investors and the East India Company because the investors demanded access to the ports of Asia. But one of the predominant drawbacks of the Act changed into that due to the Act, the British exchange with India for all commodities besides tea changed into thrown away. Later, the debate changed into resolved by giving permission to the British investors to exchange with India below a strict license system. The Act additionally regulated the Company’s territorial sales and industrial profit. Ceylon is cutting-edge in Sri Lanka. Jawa is a small island in Indonesia.
So, the correct answer is Option A.

Note: The Act of 1813 changed into the primary regulation to differentiate among the government and the legislative responsibilities. Through the provisions of this act, the East India Company's rule over the Indian subcontinent continued.