British East India Company lost the monopoly of Tea trade by

(A) The Charter Act of 1793
(B) The Charter Act of l813
(C) The Charter Act of l833
(D) The Charter Act of l853

Correct Answer : The Charter Act of l833
Question Asked : UPPCS (Pre) 2015
There were many consecutive Acts which were passed by British East India Company which as follows : Charter Act 1833 : All commercial advantages and rights were completely abolished by Charter Act, 1833. Now, Company had only administrative right on behalf of British Crown.
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