By which Charter Act, the East India Company's monopoly of trade with China come to an end?

Solution (By Examveda Team)

The Charter Act of 1813 was an important legislation that brought significant changes to the governance and operations of the British East India Company. Key provisions of this act included:

1. Trade Monopoly: The act ended the East India Company's monopoly on trade with China. This opened up trade opportunities with China to other British traders and merchants, thereby reducing the Company's exclusive control over this lucrative trade.

2. Renewal of Charter: While the act did not revoke the East India Company's charter, it renewed it for another 20 years, thereby continuing its authority to administer British India.

Option A: The Charter Act of 1793 focused more on the internal administration of British India and did not specifically address the monopoly of trade with China.

Option C: The Charter Act of 1833 introduced reforms in governance and administration but did not specifically end the trade monopoly with China.

Option D: The Charter Act of 1853 made further reforms but did not specifically address the monopoly of trade with China.

Therefore, the correct answer is Charter Act of 1813, which ended the East India Company's monopoly of trade with China and opened it to broader British commerce.