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What was one important effect of the Charter Act of 1813?

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Answer and explanation

Correct answer: The Company's monopoly over Indian trade largely ended

The Act of 1813 opened the way for private English traders. Exam tip is to link it with a change in Company trade policy.

Related tags

Modern-Indian-HistoryCharter-Act-1813Class-10

Frequently asked questions

What is the correct answer to this question?

The Company's monopoly over Indian trade largely ended

Why is this the correct answer?

The Act of 1813 opened the way for private English traders. Exam tip is to link it with a change in Company trade policy.

Which subject and chapter does this question cover?

This is a Class 10 General Knowledge question. Chapter: Indian History. Topic: Modern Indian History.

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