What Was the Purpose of the Charter Act of 1813

question 4

Multiple Choice

What was the purpose of the Charter Act of 1813?

• A)To restrict the British East India Company to trade through factories at Bombay and Madras.
• B)To allow Queen Victoria to be crowned Empress of India.
• C)To eliminate rigid separation between Europeans and Indians.
• D)To eliminate sati and allow Hindu widows to remarry.
• E)To curb the control of autocratic government by dividing political oversight between London and British East India Company.

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Definitions:

Bretton Woods

The Bretton Woods system was a monetary management system that established rules for commercial and financial relations among the United States, Canada, Western Europe, Australia, and Japan after WWII.

International System

A global framework consisting of political, economic, social, and legal rules that govern the relations between nations.

Exchange Rates

The rate at which one currency can be converted into another.

Bretton Woods

Bretton Woods refers to the 1944 international agreement that established fixed foreign exchange rates for major currencies, thereby creating a framework for international trade and financial relations.