Question

what led to the 1773 act?

Answer 1

Hey mate,

Regulating act was passed in 1773.

Hope it will help you

Answer 2

Answer:

$\huge\bf\pink{\mid{\overline{\underline{Regulating\:Act}}}\mid}$

Explanation:

║First step taken by the British Parliament to control and regulate the affairs of EIC in India.

║During that time LORD NORTH was the prime minister of British Government.

║On 18th May, 1773 “Lord North”presented a bill in the British Parliament which when passed was known as ‘Regulating Act’.

This act is of great constitutional importance because of following reasons:-

ΔThe Regulating Act was the first attempt made by the Parliament or by the British Government to operate and regulate the affairs of the company.

ΔIt set the foundations of central administration in India.

ΔIt recognized for the first time the administrative and political functions of EAST INDIA COMPANY.

SALIENT FEATURES OF THE REGULATING ACT OF 1773 :-

=>At first it designated the GOVERNOR OF BENGAL as “GOVERNOR GENERAL OF BENGAL” & created a four member's EXECUTIVE COUNCIL to help him.

=>It made one more impactfull decision, made the GOVERNOR’S of Bombay and Madras (present day MUMBAI & CHENNAI) presidencies subordinate to the GOVERNOR GENRAL OF BENGAL.Before that act all these three presidencies are independent of one another.

This act banned the servants of the COMPANY from engaging in any private trade or accepting “Presents or Bribes” from the natives.

It strengthen the control of the British Government over the EAST INDIA COMPANY by requiring the COURT OF DIRECTORS which were the governing body of the EIC , to report on its taxation, revenue and other military affairs in India.

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LORD WARREN HASTINGS WAS THE FIRST GOVERNOR GENERAL OF INDIA.

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