Question

What were the provisions in Regulating Act of 1773?

Answer 1

Answer:

The provisions in the Regulating Act of 1773.

Explanation:

Legislation passed by the British Parliament for the regulation of the British East India Company's Indian territories, mainly in Bengal. It was the first intervention by the British government in the company's territorial affairs and marked the beginning of a takeover process that was completed in 1858. It was the first parliamentary ratification and authorization defining the powers and authority of the East India Company concerning its Indian possessions.

• This act permitted the company to retain its territorial possessions in India but sought to regulate the activities and functioning of the company. It did not take over power completely, hence called ‘regulating’.

• The act provided for the appointment of a Governor-General along with four Councillors in the Presidency of Fort William (Calcutta), jointly called the Governor-General in Council.

• As per this, Warren Hastings was appointed as the Governor-General of the Presidency of Fort William.

• The Governors in Councils at Madras and Bombay were brought under the control of Bengal, especially in matters of foreign policy. Now, they could not wage war against Indian states without Bengal’s approval.

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Answer 2

Answer:

HERE IS YOUR ANSWER

It prohibited the servants of company from engaging in any private trade or accepting presents or bribes from the "natives". The Act elevated Governor of Bengal, Warren Hastings to Governor-General of Bengal and subsumed the presidencies of Madras and Bombay under Bengal's control.