With reference to the East India Company, consider the statements regarding the Company Act of 1784:

1. The Act gives the British Government supreme control over the Company’s affairs and administration in India.
2. The Act provides special powers to the Presidencies of Bombay and Madras, giving them more authority in revenue matters.
3. It established the Board of Control with six commissioners to oversee the commercial functions of the Company.

Choose the correct answer:

Question

With reference to the East India Company, consider the statements regarding the Company Act of 1784:

1. The Act gives the British Government supreme control over the Company’s affairs and administration in India.

2. The Act provides special powers to the Presidencies of Bombay and Madras, giving them more authority in revenue matters.

3. It established the Board of Control with six commissioners to oversee the commercial functions of the Company.

Choose the correct answer:

Quintessence Classes · Accepted Answer

The correct answer is 1 only. The Pitt’s India Act of 1784 was a landmark piece of legislation designed to rectify the defects of the Regulating Act of 1773. Here is the evaluation of the statements:1. Supreme Government Control (Statement 1 is Correct)For the first time, the Company's possessions in India were officially called the "British Possessions in India." The Act established a system where the British Government had the final say over the Company's civil, military, and revenue affairs, effectively creating a "Dual Government" system.2. Powers of Presidencies (Statement 2 is Incorrect)The Act actually did the opposite. It subordinated the Presidencies of Bombay and Madras more firmly to the Governor-General and Council in Bengal. This was done to ensure a uniform policy across India, especially regarding war, revenue, and diplomacy, rather than giving them "special powers" or independence.3. The Board of Control (Statement 3 is Incorrect)While the Act did establish a Board of Control with six commissioners, their role was to oversee the political, civil, and military government, not the commercial functions.The Board of Control (Government body) managed political affairs.The Court of Directors (Company body) retained control over commercial activities.

Answer

1 and 2 only

Answer

1 and 3 only

Answer

2 and 3 only

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JKPSC JKAS 2023 Prelims

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