WBCS.LIVE practice question

The Regulating Act of 1773 was significant because:

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. It ended the Company's trade monopoly
  2. It was the first step towards British parliamentary control over the Company
  3. It introduced a new revenue system
  4. It abolished the dual system of administration

Correct answer and explanation

Correct answer: It was the first step towards British parliamentary control over the Company