Which act of British Parliament transferred the powers of the East India Company to British Crown?

Govt of India Act, 1858

The correct answer is Option 3- Govt of India Act, 1858

The act of British Parliament that transferred the powers of the East India Company to the British Crown is the Government of India Act, 1858.

The act was passed in response to the Indian Rebellion of 1857, which was a major uprising against British rule. The rebellion was sparked by a number of factors, including the Doctrine of Lapse, which was a policy used by the British to annex princely states that did not have a natural heir.

The Government of India Act, 1858 abolished the East India Company and transferred its powers to the British Crown. The act also created a new post, the Secretary of State for India, who was responsible for overseeing the administration of India.

The act was a major turning point in the history of British rule in India. It marked the end of the East India Company's rule and the beginning of direct British rule. The act also led to a number of reforms, such as the introduction of a new system of government and the expansion of education and infrastructure.