Correct option is B
The correct answer is (b) Regulating Act of 1773
Explanation:
• The Regulating Act of 1773 was the first step by the British Parliament to regulate the affairs of the East India Company in India.
• Before this, the Company enjoyed considerable autonomy in administration and trade.
• This Act:
– Designated the Governor of Bengal as the Governor-General of Bengal (first was Warren Hastings)
– Created an Executive Council of 4 members to assist the Governor-General
– Established a Supreme Court at Calcutta in 1774
– Prohibited company servants from engaging in private trade
Information Booster:
• The Act revealed Parliament’s intent to supervise and control the political and administrative affairs of the Company.
• It laid the foundation for future Acts that increased the Crown’s role in Indian governance.
Additional Knowledge:
(a) Pitt’s India Act of 1784
. Strengthened control through a Board of Control
. Introduced a dual system of control (Company and Crown)
. But not the beginning—follow-up to the 1773 Act
(c) Government of India Act, 1858
. Abolished the East India Company altogether
. Transferred rule to the British Crown
. Marked the end—not the start—of Company rule
(d) Charter Act of 1813
. Ended the Company’s trade monopoly in India
. But did not initiate political control by Parliament