Q. With reference to the "Board of Control" in the East India Company, consider the following statements:

1. It was formed by Pitts India Act of 1784
2. It controlled the commercial matters of the company
3. It was abolished by the Government of India Act 1858

Which among the above statements is/are correct?
Answer: 1 and 3 are correct
Notes: The Board of Control was formed as a measure to increase the British crown's control on the East India Company's administration in India by Pitt’s India Act of 1784, making statement 1 correct. The Board had no interference in commercial matters, therefore statement 2 is incorrect. The Board was abolished after the mutiny when the government of India was transferred to the British crown by the Government of India Act, 1858, making statement 3 correct.

This question is part of UPSC Daily 20 MCQ Series Course on GKToday Android app.