Regulating Act, 1773
Company Retains Possessions: This Act permitted the company to retain its territorial possessions in India but sought to regulate the activities and functioning of the company.
- Control over Indian Affairs: Through this Act, for the first time, the British cabinet was given the right to exercise control over Indian affairs.
- Introduction of Governor-General: It changed the post of Governor of Bengal to “Governor-General of Bengal”. The administration in Bengal was to be carried out by the governor-general and a council consisting of 4 members. Warren Hastings was made the first Governor-General of Bengal.
- Subordination: The Governor of Bombay and Madras ....
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