Question

What was the objective of the Regulatory Act of 1773? What were its drawbacks?

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Answer 1

Explanation:

Its purpose was to take a step towards removing the political power from the hands of a trading company. The act also provided specific measures to set up a new administrative framework.

Answer 2

Defects of Regulating Act 1773

Defects of Regulating Act 1773The major drawbacks of The Regulating Act of 1773 are stated below: The Governor-General had no veto power. It did not address the concerns of the Indian population who were paying revenue to the company. It did not stop corruption among the company officials.

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