6.1 - India

Question 1

what did the 1773 Regulating Act do?

Answer 1

• British gov bought 50% of shares of the EIC
• governing council of 5 - 3 Parliamentarians + 2 Company Officials so gov have precedent

Question 2

what did the 1784 EIC Act do?

Answer 2

• Board of Control set up to ensure EIC’s subordination to the Crown in all its political functions
  prevents EIC from making own decisions in India + shows untrustworthy relationship

Question 3

what did the 1786 Supplementary Act do?

Answer 3

enabled gov general to override his council on special occasions so executive power given to individual governors who were nominated by the Company but at the discretion of the Crown

Question 4

what did the 1813 Charter Act do?

Answer 4

• British gov renewed Royal Charter for 20 years
• removed EIC’s monopoly on Indian trade + drastically reduced power EIC had as they could no longer set their own prices (lost profit)

Question 5

what did the 1833 Gov of India Act do?

Answer 5

• ended EIC’s commercials activities completely + reorganised the admin system for British territories
• makes EIC focus on tax collection - makes them an enforcing company rather than a global power