History · Modern Indian History

With reference to the constitutional and administrative developments under British rule in India, consider the following statements regarding the Regulating Act of 1773: I. The Act marked the first statutory intervention by the British Parliament to regulate the affairs of the East India Company in India. II. It conferred legislative authority upon the Governors and Councils of all the three Presidencies on an equal footing. III. It elevated the Governor of Bengal to the position of Governor-General of Bengal and subordinated the Presidencies of Madras and Bombay to Bengal in matters of war and diplomacy. IV. It established a Supreme Court at Calcutta to administer justice in accordance with English law. How many of the above statements are correct?