Under the Charter Act of 1833 in British India, the East India Company’s monopoly on trade with which of the following countries was abolished?
- AChina
- BBurma
- CSri Lanka
- DNepal
Solution & Step-by-step Explanation
The Charter Act of 1813 had abolished the commercial monopoly of the East India Company in India except for the trade in tea and trade with China. However, the Charter Act of 1833 completely brought an end to the Company's commercial activities, making it a purely administrative body. Consequently, its monopoly on the tea trade and trade with China was entirely abolished.