Question

How did revolt of 1857 affect the position of East India Company?

Answer 1

After all everyone know that the revolt of 1857created a large disaster in the proper health and wealt.

Answer 2

The Indian Rebellion of 1857, known to the British as the "Great Mutiny", but to Indiansas the "First War of Independence", resulted in widespread devastation in India andcondemnation of the Company for permitting the events to occur.[citation needed] One of the consequences was that the British government nationalised the Company. TheCompany lost all its administrative powers; its Indian possessions, including its armedforces, were taken over by the Crown pursuant to the provisions of the Government of India Act 1858