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Answer» In order to remove the defects of the Regulating Act, the British Parliament passed the Pitt’s India Act in 1784. According to this act : - Political and commercial functions of the company were separated. The Board of Directors was now to look after the commercial activities of the company only.
- A Board of Control consisting of six members was formed through which the British Governments could fully control the affairs of the company in India.
- The council of the Governor-General was to have three members instead of four, one of these members was to be the commander in chief of India.
- The Governor-General in council got full powers to direct and control Bombay and Madras presidencies.
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