According to the Charter Act of 1793, the charter of the east India company was renewed for how many years?

Correct option is C

The correct answer is: (c) 20

Explanation:

• The Charter Act of 1793 was passed by the British Parliament to renew the charter (or trading rights) of the British East India Company.

• This Act renewed the Company’s charter for another 20 years, allowing it to continue its commercial and administrative functions in India.

• It retained the powers granted by the earlier Regulating Act of 1773 and Pitt’s India Act of 1784, but made some administrative clarifications and financial provisions.

• The Charter Act of 1793 was passed during the tenure of Governor-General Lord Cornwallis.

• It continued the dual system of administration, reinforcing the Company’s control in India.

• Allowed the Governor-General to override the decisions of the Council in special cases.

• Provided salary for the members of the Board of Control from Indian revenues.

• Empowered the Governor-General-in-Council to override decisions of provincial governments.

• The Company retained its monopoly in trade, especially in tea and trade with China.