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    Question

    Which legislative act ended the East India Company’s

    trade monopoly in India?
    A Charter Act of 1753 Correct Answer Incorrect Answer
    B Charter Act of 1813 Correct Answer Incorrect Answer
    C Regulating Act of 1845 Correct Answer Incorrect Answer
    D Regulating Act of 1878 Correct Answer Incorrect Answer

    Solution

    The Charter Act of 1813 was pivotal as it marked the end of the East India Company's monopoly over trade in India, except for trade in tea and trade with China. This act opened India to private traders, leading to significant economic and cultural exchanges.

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