What was the name of the act that dissolved the East India Company?
East India Stock Dividend Redemption Act
Government of India Act
Indian Independence Act
British India Corporation Act
Answer
The East India Company was dissolved in 1874 under the terms of the East India Stock Dividend Redemption Act, which was enacted one year earlier. This act rendered the company powerless and obsolete, as the British Raj had assumed its governmental functions and absorbed its armies.
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