- first step taken by the British Government to control and regulate the affairs of the East India Company in India (laid the foundations of central administration in India).
- It designated the Governor of Bengal as the ‘Governor-General of Bengal’(GGB). The first such Governor General was Lord Warren Hastings.
- It provided for the establishment of a Supreme Court at Calcutta (1774)(with Original and Appellate jurisdiction) comprising one chief justice and three other judges.
- Bombay and Madras presidencies were made subordinate
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