Correct option is C
The correct answer is (c) Regulating Act 1773.
· The Regulating Act of 1773 was based on the report of a committee headed by the British Prime Minister Lord North.
· This act was the first attempt by the British government to regulate the affairs of the East India Company in India.
· It aimed to address corruption and inefficiencies within the Company and laid the foundation for British governmental control over India.
· The act introduced several administrative reforms, including the appointment of a Governor-General of Bengal and the establishment of a Supreme Court in Calcutta.
Information Booster:
· Charter’s Act 1793: This act was a renewal of the East India Company's charter but not related to Lord North's committee.
· Government of India Act 1858: This act transferred the control of India from the East India Company to the British Crown, following the Indian Rebellion of 1857.
· Pitts India Act 1784: This act was another significant legislative act to regulate the East India Company, but it was not based on Lord North's report. It established a system of dual control by the British government and the Company.