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Which Act of 1773 first brought the Company under British government regulation?

APitt's India Act
BCharter Act
CRegulating Act
DDeclaration Act
Answer & Solution
Correct answer: C. Regulating Act
1. By 1772 the Company needed loans from the British government. 2. Parliament then passed the Regulating Act 1773 for better management of its affairs. 3. Pitt's India Act came in 1784 and the Declaration Act in 1781. _Source: Wikipedia, Company rule in India, Regulation of Company rule_
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