Question

state the features of the charter act 1698 .who introduced it​

Answer 1

Charter Act of 1833 was the outcome of Industrial Revolution in England which envisages that Indian’s had to function as market for the English mass production on the basis of ‘Laissez Faire’. Thus the Charter act of 1833 was institutionalised on basis of liberal concept. This was an Act of the Parliament of the United Kingdom that gave East India Company to rule India for another 20 years. The act legalized the British colonization of India and the territorial possessions of the company but were held “in trust for his majesty” for the service of Government of India.