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962

Q:

Which Charter Act brought to an end, the East India Company's monopoly in India's foreign trade? 

  • 1
    Charter Act of 1853 / 1853
  • 2
    Charter Act of 1793 / 1793
  • 3
    Charter Act of 1813 / 1813
  • 4
    Charter Act of 1833 / 1833
  • Show Answer
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Answer : 3. "Charter Act of 1813 / 1813 "
Explanation :

The Charter Act of 1813 brought an end to the East India Company's monopoly in India's foreign trade. This act marked a significant shift in British India's economic policies, allowing Indian trade to be opened to private enterprise and foreign traders, breaking the monopoly that the East India Company had held over trade activities.

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