Which act ended the monopoly of the East India Company's trade with India, except for tea and trade with China?
A. Charter Act of 1833
B. Charter Act of 1813
C. Charter Act of 1853
D. Pitt's India Act, 1784
Answer: Option B
Solution (By JKSSB Mock Tests)
The Charter Act of 1813 abolished the East India Company's monopoly of trade in India, opening Indian trade to all British subjects. However, the Company retained its monopoly over trade with China and the tea trade.
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