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  1. The most significant Act which declared that the sovereignty of the British Empire in India was in the hands of the British Crown was
    1. the Company’s Charter Act of 1813
    2. the Company’s Charter Act of 1853
    3. the Indian Councils Act of 1851
    4. the Indian Councils Act of 1893
    5. None of these
Correct Option: E

The Government of India Act 1858 was an Act of the Parliament of the United Kingdom passed on August 2, 1858. Its provisions called for the liquidation of the British East India Company (who had up to this point been ruling British India under the auspices of Parliament) and the transference of its functions to the British Crown. The Act provided that the Company's territories in India were to be vested in the Queen, the Company ceasing to exercise its power and control over these territories. India was to be governed in the Queen's name.



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