EIC

Question 1

What was the “Permanent Settlement (of Bengal)” and when was it established?

Answer 1

Established in 1793, it was an agreement between the EIC and the Zamindars to fix revenues to be raised from land

Question 2

When was the first Regulating Act by the British Government against the EIC, and what were reasons behind these new limitations?

Answer 2

1773 Regulating Act

Reasons:
- Corruption of Robert Clive
- concerns about lacking intentions to convert the people of India to Christianity
- interests of other British trading companies
- Corruption and Enrichment of the people forming the EIC

Question 3

When was the Trading Monopoly of the EIC ended?

Answer 3

The Trading Monopoly of the EIC for trade with India was ended in the Charter Act of 1813, the monopoly for trade with China was then ended in 1833 in another Charta Act

Question 4

What were reasons behind the start of the Great Rebellion in 1857?

Answer 4

• discrimination of cultural practice
• indian princes not being allowed to inherit their state to their adopted sons (Ryotwari System)
• Much lower wages of Sepoys
  …

Question 5

When was the EIC formed and what was their special right?

Answer 5

1600
Royal Charta - trade monopoly

Question 6

When did the EIC came into actual power in India?

Answer 6

After the Battle of Plassey in 1757