regulating

DMPQ: What is the importance of Regulating act? What are the features of the act?

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It was the first step taken by the British Government to control and regulate the affairs of the EIC in India.  First time, British government recognized the political and administrative functions of the EIC. British government laid the foundations of central administration in India. The Act designated the Governor of Bengal as the ‘Governor-General of … Read more DMPQ: What is the importance of Regulating act? What are the features of the act?

DMPQ: What is the importance of regulating act? Outline its provisions (History)

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The Regulating Act was passed in the British Parliament in June 1773. It was the first parliamentary ratification and authorization defining the powers and authority of the East India Company with respect to its Indian possessions.   This act permitted the company to retain its territorial possessions in India but sought to regulate the activities … Read more DMPQ: What is the importance of regulating act? Outline its provisions (History)

DMPQ: What are the reasons for the passing of regulating act, 1773?( History)

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The East India Company was in severe financial crisis and had asked a loan of 1 million pounds from the British government in 1772. Allegations of corruption and nepotism were rampant against company officials. There was a terrible famine in Bengal where a huge population perished. The Dual form of administration instituted by Robert Clive … Read more DMPQ: What are the reasons for the passing of regulating act, 1773?( History)