Question

write a note on regulating act 1773

Answer 1

IT IS The Regulating Act 1773 was an Act of the Parliament of Great Britain intended to overhaul the management of the East India Company's rule in India.[1] The Act did not prove to be a long-term solution to concerns over the Company's affairs; Pitt's India Act was therefore subsequently enacted in 1784 as a more radical reform.

Answer 2

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• The regulating Act of 1773 was passed by the British Parliament to control the territories of the East India Company majorly in Bengal. This act was passed due to the misgovernment by the British East India government that introduced a situation of bankruptcy and the government had to interfere with the affairs of the Company.

• This is an important part of NCERT notes for the UPSC Civil Services Exam. These notes will also be useful for other competitive exams like banking PO, SSC, state civil services exams and so on. This article talks about the Regulating Act of 1773. Candidates can also download the notes PDF from the link given below.

• The Regulating Act was passed in the British Parliament in June 1773. It was the first parliamentary ratification and authorization defining the powers and authority of the East India Company with respect to its Indian possessions.