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    Question

    Which legislation ended the East India Company's trade

    monopoly, except for the tea, opium, and China trade?
    A Regulating Act of 1773 Correct Answer Incorrect Answer
    B Pitt’s India Act of 1784 Correct Answer Incorrect Answer
    C The Charter Act of 1833 Correct Answer Incorrect Answer
    D The Charter Act of 1813 Correct Answer Incorrect Answer

    Solution

    The Charter Act of 1813 is significant for asserting the British Crown’s sovereignty over India and extending the East India Company’s rule for 20 more years. However, it ended the company’s trade monopoly in India, except for trade in tea, opium, and with China. The act also allowed local governments to impose taxes and granted courts more authority over British subjects in India.

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