Current Affairs

GK MCQs Section
Q. Which of the following is / are correct statements about Charter Act, 1833?
  1. It renewed the East India Company’s privileges for another twenty years
  2. It ended the monopoly of the East India Company to trade with China
Select the correct option from the codes given below:
Answer: Both 1 & 2
Notes: Both are correct statements.  The Charter Act of 1833 renewed the East India Company’s privileges for another twenty years. The act ended the monopoly of the East India Company and private traders were permitted under special license.
Question Source: 📚This question has been sourced from GKToday's Target UPSC Prelims for 2026, 2027 & 2028 App Exclusive Course in GKToday Android Application which provides more than 12K Topicwise UPSC Prelims General Studies questions with explanations framed on UPSC pattern. Download the app here.
📌 Question Number: 19 in India under Company Rule - Administration, Judiciary, Economy, Society in the above course in App.