Q. After 1858, the power of financial supervision and control in India was given to
(a) Governor-General
(b) British Crown
(c) Secretary of State
(d) Finance Member
Ans: (c) Secretary of State
Explanation: After 1858, the power of financial supervision and control in India was given to the (c) Secretary of State. Following the Indian Rebellion of 1857, the British government passed the Government of India Act 1858, which transferred the administration of India from the East India Company to the British Crown. The act created the position of Secretary of State for India, who became responsible for the governance and administration of India. The Secretary of State had significant powers, including financial supervision and control over Indian affairs. This transfer of power marked a shift in the ultimate authority and decision-making process regarding financial matters in India, placing it in the hands of the British government through the Secretary of State.
