Who was the Prime Minister of the British Empire during the 1857 revolt?
- William Pitt
- Charles Grey
- William Lamb
- Lord Palmerston
Henry John Temple, 3rd Viscount Palmerston was a British statesman who served twice as a Prime Minister in the mid-19th century. Palmerston dominated British foreign policy during the period 1830 to 1865 when Britain was at the height of its imperial power. He held office almost continuously from 1807 until his death in 1865.
Which act completely ended the commercial trade monopoly of the East India Company?
- Charter Act of 1853
- Charter Act of 1833
- Charter Act of 1813
- Government of India Act, 1858
The charter Act of 1853 abolished East India Company's Monopoly of Indian trade. Under the government of India Act 1858, the British parliament took the responsibility for ruling India directly.
Which of the Viceroys started the budget system in India?
- Lord Minto
- Lord Macualey
- Lord Canning
- Lord Dalhousie
The introduction of the budget system in India started in the era of Lord Canning, the first Viceroy of India.
Who is considered as the father of economics?
- Alfred Marshall
- Adam Smith
- David Ricardo
- Esther Duflo
Adam Smith was an 18th-century Scottish philosopher. He is considered the father of modern economics. He published “The Wealth of Nations” in 1776.
Name of the first Governor-General of Bengal.
- Warren Hastings
- Lord Dalhousie
- WIlliam Bentick
- Lord Cornwallis
The first Governor-General of Bengal was Warren Hastings, the head of the Supreme Council of Bengal.