History · Economic Impact of British Rule
Which trade policy was effectively introduced in India by the British Parliament through the Charter Act of 1813?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A bilateral free trade policy ensuring zero tariffs on Indian textiles entering Britain
- 2Complete prohibition of private British mercantile investments in Indian territory
- 3A 'one-way free trade' policy that eliminated Indian import duties on British goods while maintaining high tariffs on Indian exports✓
- 4A strict state-regulated monopoly of the East India Company over all sectors of international trade
Correct answer
A 'one-way free trade' policy that eliminated Indian import duties on British goods while maintaining high tariffs on Indian exports
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