Which of the following acts passed by the British Parliament ended the East India Company's remaining commercial monopoly over the trade in tea and trade with China, transforming it purely into an administrative arm of the Crown?

💡 Solution & Explanation

The Charter Act of 1833 stripped the East India Company of its final commercial privileges regarding tea and China trade, making it exclusively an administrative agency governing India on behalf of the British Crown. The Charter Act of 1813 had already ended its general Indian trade monopoly except for tea and China. The Act of 1858 formally liquidated the Company's governing powers and transferred authority directly to a Secretary of State for India following the 1857 uprising.