Question

Why did the british parliament pass an indian act in 1784?

Answer 1

Answer:

Explanation:    The East India Company Act (EIC Act 1784), also known as Pitt's India Act, was an Act of the Parliament of Great Britain intended to address the shortcomings of the Regulating Act of 1773 by bringing the East India Company's rule in India under the control of the British Government.

Answer 2

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The British passed the regulating act of 1773 because-

1. The three presidencies were controlled directly by the governor general and his council.

2. There was mismanagement of finances made by the company due to which they had taken a loan of one million pound sterling.

3. The British wanted to maintain monopoly.

4. The company had lost monopoly in selling tea to North America.

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