Q435
The Charter Act of 1793 Renewed the Company's monopoly for __________ years
A.
20 years
AnswerB.
10 years
C.
30 years
D.
15 years
Answer: Option A
Solution
Answer: Option A
Solution:
The Charter Act 1793 or the East India Company Act 1793 was passed by British Parliament to renew the charter of East India Company. This act authorized the company to carry on trade with India for next 20 years.