Which of the following Acts empowered the British East India Company to retain the territories and the revemues in India in trust for the crown not for any specified period?

Correct option is C

The correct answer is: (C) The Charter Act, 1853

• The Charter Act of 1853 is the correct answer because, under this Act, the British East India Company was required to hold territories and revenues in trust for the British Crown, although it did not specify a fixed period for this trust.
• The Charter Act of 1853 was significant because it marked a shift in the company's role, and it emphasized the Crown’s control over Indian affairs.
• The act also focused on administrative reforms, including the appointment of a civil service, but the central aspect was the transfer of responsibility from the company to the Crown regarding the governance of India.

Information booster:

• The Government of India Act, 1935 – This Act aimed to provide a federal structure and more autonomy to Indian provinces. However, it did not address the East India Company’s authority to hold territories and revenues in trust for the Crown.
• The Regulating Act, 1773 – While this Act introduced the concept of British government control over the company and its territories in India, it did not specifically mention the company holding territories and revenues in trust for the Crown without a specified period.
• The Indian Council Act, 1909 – This Act introduced limited reforms to the governance of India, such as the introduction of separate electorates for Muslims, but it did not deal with the issue of the East India Company retaining territories or revenues for the Crown.