Charter Act 1813 Flashcards
Monopoly of trade
Only in tea trade and trade with China.
Why?
Industrial revolution started in between. Factories were established, but Napoleon was Quiring the European countries.
To damage Britain, Napoleon passed order do not trade with Britain, Britain. So the Britain merchants had access goods and they needed a market. Hence doors were open to Indian market.
Did Indian industries suffer because of this?
Yes, of course, baby. Because Indian products can’t compete with British finished goods.
Control of company?
Political power in the hands of board of control and commercial powers in the hand of court of director
Administration
Same
Central legislation
Same
Provincial leg
Same
Revenue
Extra points
As per the charter act, they need to spend one lakh rupees on Indian education.
Courts now can convict Europeans as well as Indians.
Christian missionaries were allowed in India