4. CHARTER ACT OF 1813

Ended the trade monopoly of the East India Company in India — Indian trade thrown open to all British subjects (EXCEPT trade in tea and trade with China, which remained EIC monopoly).
Company's rule in India extended for 20 more years.
Company's political/administrative powers renewed for 20 years.
Sovereignty of the Crown over Company territories in India asserted for the first time.
Allowed Christian missionaries to come to India and preach religion (previously restricted).
Provided Rs 1 lakh annually for the promotion/revival of literature and encouragement of learned Indians, and for introduction/promotion of scientific knowledge — this was the beginning of state responsibility for education in India (though actually spent from 1823 onward, leading to the Orientalist-Anglicist controversy, later resolved by Macaulay's Minute 1835).
Local governments empowered to levy taxes.

Ended EIC's commercial trade monopoly — a landmark shift from Company-as-trader to Company-as-administrator.
First legislative recognition of state's duty toward education in India.
Opened doors for Christian missionary activity — significant for social/religious change in 19th century India.

Year: 1813
Trade monopoly of EIC ended (except tea & China trade) — frequently asked: "Which act ended EIC's trade monopoly in India?" → 1813
Rs 1 lakh sanctioned for education (first time)
Missionaries permitted entry