Q124
By the Charter Act of 1813 the Indian trade except in __________ was thrown open to all British subjects
A.
Tea
AnswerB.
Spices
C.
Coffee
D.
Cotton
Answer: Option A
Solution
Answer: Option A
Solution:
Charter act of 1813 ended the monopoly of the East India Company in India, however the company's monopoly in trade with china and trade in tea with India was kept intact. Thus, trade with India for all commodities except Tea was thrown open to all British subjects.