|Consider the following statements;|
|The Regulating Act of 1773 sought to|
|1. Reform the constitution of the East Indian Company|
|2. Provide remedies against the illegalities and oppression of the Company servants in India. Which of the statements given above is/are correct?|
A) 1 only
B) 2 only
C) Both 1 and 2
D) neither 1 nor 2
Correct Answer: C
Solution :[c] 'First effort to control the Company's administration in India was made by this Act. Regulating Act of 1773 is known to be the first step of the British government to regulate the affairs of the East India Company.
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