The British Parliament transferred the powers of the East India company to the British crown in ______.

Question

Question

This question was previously asked in

SSC CGL 2022 Tier-I Official Paper (Held On : 05 Dec 2022 Shift 1)

Answer 1

The correct answer is 1858.Key Points

On August 2, 1858, a measure to transfer control of India from the East Indian Company to the British Crown was approved by Parliament.
For the highest-ranking representative of the British Government in India, the title of viceroy was established.
This bill's clause asked for the British East India Company, which ruled India with the support of the Parliament, to be dissolved and its authority to be transferred to the British Crown.
This law was introduced by Lord Palmerston, the UK's prime minister at the time.
To quell the repercussions of the revolt, this legislation was passed in 1858, the year after India's first war of independence.
Right till the nineteenth century nothing threatened the rule of the British in the Indian sub-continent, until the first Indian war of Independence in 1857.

Additional Information

East india company was incorporated in England in 1600 and eventually becoming British.
East India Company was disbanded in 1874.
It was established to engage in trade with the East Indies and later, East Asia, in the Indian Ocean region.
The British East India Company first arrived in India as a spice dealer.
Other from that, their main commodities were opium, silk, cotton, indigo dye, and tea.
On August 24, 1608, they arrived in the Indian subcontinent at the port of Surat.