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      Question

      By which act was the dividend of the East India Company

      fixed at 10.5%?
      A Charter Act 1793 Correct Answer Incorrect Answer
      B Charter Act 1853 Correct Answer Incorrect Answer
      C Charter Act 1833 Correct Answer Incorrect Answer
      D Charter Act 1813 Correct Answer Incorrect Answer

      Solution

      The Charter Act of 1813 fixed the dividend of the East India Company at 10.5%. This act renewed the Company's charter and ended its commercial monopoly, except for the tea and opium trade and trade with China.

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