Current Affairs

GK MCQs Section
Q. The East India Company was deprived of monopoly of trade with India except Tea Trade by which among the following acts?
Answer: The Charter Act of 1813
Notes: Charter act of 1813 ended the monopoly of the East India Company in India, however the company’s monopoly in trade with china and trade in tea with India was kept intact. Thus, trade with India for all commodities except Tea was thrown open to all British subjects. This lasted till 1833 when the next charter abolished the trade of the company.

This Question is Also Available in:

हिन्दी
Question Source: 📚This question has been sourced from GKToday's "40000+ GK / General Studies MCQs for SSC & State PCS Exams" App Exclusive Course in GKToday Android Application which provides more than 40K General Knowledge and General Studies questions with explanations asked in all Competitive Exams of India. Download the app here.
📌 Question Number: 5 in Historical Background in the above course in App.