Which of the following Acts abolished the East India Company's monopoly of trade with China?

Key Points

• The Charter Act of 1833 abolished the East India Company's monopoly of trade with China.
• This act was one of the series of Charter Acts passed by the British Parliament to regulate the affairs of the East India Company.
• The act marked the beginning of the end of the commercial activities of the company, focusing more on administration.
• It also allowed the company to continue its territorial possessions in India but under strict regulation by the British government.

Additional Information

• The Charter Act of 1833 is also notable for making the Governor-General of Bengal the Governor-General of India, consolidating the administration.
• The act also introduced a system of open competition for the selection of civil servants, although it was not implemented until the 1850s.
• It is considered a significant step towards the centralization of the administration in India.
• Other important provisions included the establishment of a law commission and the codification of laws.