Q. The monopoly of the East India Company in India’s foreign trade was brought to an end by the
(a) Charter Act of 1793
(b) Charter Act of 1813
(c) Charter Act of 1833
(d) Charter Act of 1853
Ans: (b) Charter Act of 1813
Explanation: Charter Acts of 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. However, the Company’s commercial monopoly was ended, except for the tea trade and the trade with China. Reflecting the growth of British power in India.