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Correct Option is Regulating Act of 1773

Regulating Act of 1773 1. It made the governors of Bombay and Madras presidencies subordinate to the governor-general of Bengal, unlike earlier when the three presidencies were independent of one another. 2. It prohibited the servants of the Company from engaging in any private trade or accepting presents or bribes from the natives. 3. It strengthened the control of the British Government over the Company by requiring the Court of Directors which was the governing body of the Company to report on its revenue, civil, and military affairs in India.

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