|With reference to the Regulating Act of 1773, consider the following statements:|
|1. The Supreme Court at Calcutta, set up under the Regulating Act of 1773, had unlimited jurisdiction over the East India Company and its possessions.|
|2. The Supreme Court at that time was also vested with the power to veto laws enacted by the Bengal Government. Which of the statements given above is/are correct?|
A) 1 only
B) 2 only
C) Both 1 and 2
D) neither 1 nor 2
Correct Answer: D
Solution :[d] Regulating Act of 1773 established India's first Supreme Court, Fort William, Calcutta. This Supreme Court consisted a Chief Justice and three other regular judges or Puisne Judges. Sir Elijah Imphey was the first Chief Justice. The Supreme Court was the supreme judiciary over all British subjects including the provinces of Bengal, Bihar and Orissa.
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