Key Provisions 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.
What were the main features of Charter Act of 1813 and 1833?
Due to the enactment of the Charter Acts of 1813 and 1833, the monopoly of trade of the company with India was abolished except for the trade of tea. Anyone from Britain could have a trade relation with India. Also, the company had to shut down all its operation in India due to the Charter Act of 1833.
What are the main provision of the Charter Act of 1813?
The key provisions of the Charter Act of 1813 are – end of Company’s monopoly over trade, the Company’s dividend was 10.5%, One lakh rupees was allocated for the advancement of the education system in India, Board of control was given more powers, the missionaries were permitted to spread the religion in India and so …
What was the importance of Charter Act of 1813 in the development of education during British period?
(d) The Charter Act brought to an end the era of agitation started by Charles Grant, Wilberforce and others. “It allowed the missionaries to land in India in large numbers and establish modern English schools and thereby they laid the foundation of the well-organised modern educational system”.
Why it is called Charter Act?
Government of India Act 1915. Status: Repealed. The East India Company Act 1813, also known as the Charter Act 1813, was an Act of the Parliament of the United Kingdom which renewed the charter issued to the British East India Company, and continued the Company’s rule in India.
Did the Charter Act of 1833 fulfill is purpose elaborate?
The charter act of 1833 legalized the British colonization of India and the territorial possessions of the company were allowed to remain under its government, but were held “in trust for his majesty, his heirs and successors” for the service of Government of India.
What did the Charter Act of 1833 provide?
The Charter Act of 1833 was passed in the British Parliament which renewed the East India Company’s charter for another 20 years. … It was made into an administrative body for British Indian possessions. The company’s trade links with China were also closed down. This act permitted the English to settle freely in India.
What is the educational clause in the Charter Act of 1813?
The Charter Act of 1813 incorporated the principle of encouraging learned Indians and promoting knowledge of modern sciences in the country. The Charter Act of 1813 directed the East India Company to sanction one lakh rupees annually for the purpose.
What is Charter Act Class 8?
The Charter Act of 1793, passed in the British Parliament, continued EIC’s monopoly in the country. The Charter Of 1813 renewed the Company’s rule. Therefore the correct answer is option A. Note: The term ‘British Possessions in India’ was used for the first time after the coming of this act.
Who introduced Charter Act?
This Act was passed when Lord Dalhousie was the Governor-General of India. Candidates can also download the Charter Act of 1853 notes PDF from the link given below. Read the Charter Acts of 1793, 1813 and 1833 in the linked articles given below: Charter Act of 1793.
What was the aim of Macaulay’s education policy?
The main objective of Macaulay`s policy were as follows. The policy laid emphasis on promoting European literature and science among the Indians. As such all funds allocated for the purpose of education should be used on English education only.
How did the Charter Act of 1813 affect Indian craftsmen?
The Charter Act of 1813 ended the monopoly of the East India Company with the exception of tea and trade with China. As a result, Indian craftsmen had to compete with machine made goods from England.
When was last Charter Act passed?
Charter Act of 1853 The Charter Act of 1853 was the last charter act passed for the East India Company. This act did not mention the time period for which the Company charter was being renewed unlike the previous charter acts of 1793, 1813 and 1833.
Which charter is known as the Judicial Charter?
the Charter of 1661 With view of all things the Charter of 1661 had been issued on third April, 1661. So, that it was called the judicial Charter. The Charter of 1600 C.E. had become a milestone and it was first step to establish the Judicial Court in British India. This Charter entrusted law making power into the Company.
Which Charter Act is called Magna Carta?
Which Charter Act is called Magna Carta? Wood’s Dispatch is known as Magna Carta (Magna Charta) of Indian Education. Wood’s Dispatch was an act of 1854 implemented by the British rulers during pre-independent India.
Why did the British government passed the Regulating Act of 1773?
The Regulating Act was passed due to the mismanagement by the British East India government that brought a situation of insolvency. This act permitted the company to retain its territorial custody in India but looked up to regulate the activities and functioning of the company.
What were the circumstances leading to the Charter Act of 1833?
This all circumstances, defects and conflicts lead to pass the Charter Act, 1833. 1) The company was allowed to continued territorial possession for period of 20 years i.e. from 1833 to 1853. The company was held in trust to the Crown. 2) Monopoly of East India Company to tread with India was brought to an end.
What are the main recommendations of Hunter commission?
The two administrative reforms suggested by Hunter Commission 1882 in the field of Secondary education are: (i) Gradual withdrawal of the Government from direct enterprise in secondary education. (ii) Maintenance of some Secondary schools by the Govt. as Model to aided schools.
Who was the first Viceroy of India?
Lord Canning The Viceroy was appointed directly by the British government. The first Viceroy of India was Lord Canning.
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