History · Constitutional Development of India
Why is the Charter Act of 1813 considered significant for India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It empowered the Governor-General to issue ordinances.
- 2It allowed Indians to hold the highest administrative positions.
- 3It completely ended the trade monopoly of the East India Company including tea.
- 4It made a financial provision of one lakh rupees for the education of Indians.✓
Correct answer
It made a financial provision of one lakh rupees for the education of Indians.
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