The correct answer is the Only b). Key Points Charter Act of 1853 - This was last of these series of Charter Acts passed by the British Parliament 1793 and 1853. It was a significant constitutional landmark. It separated for the first time, the legislative and executive function of the Governor's-general's Council. It provided the addition of six new members called legislative councillors to the council. It established a separate Governor-General's legislative council which came to be known as Indian Legislative Council functioned as mini-parliament. It introduced an open competition system of selection and recruitment of civil servants. It was open to Indians also. Accordingly, the Macaulay Committee was appointed in 1854. It extended the Company's rule and allowed it to retain the possession of Indian territories on trust for the British crown. It introduced for the first time, local representation in the Indian Legislative Council. Out of six new members of Governor-General's Council, four were appointed by the local governments of Madras, Bombay, Bengal and Agra. The parliamentary acts of 1813 ended the East India Company's trade monopoly, and in 1834 it was transformed into a managing agency for the British government of India. Hence statement (a) is not correct. Government of India Act of 1858 - This act was enacted in the wake of the Revolt of 1857. It was also known as the First War of Independence or the 'sepoy mutiny'. The act is known as the Act for the Good Government of India. The act abolished the East India Company and transferred the powers to the British Crown. Hence statement (b) is correct. It changed the designation of the Governor-General to that of Viceroy of India. Lord Canning became the first Viceroy of India. It ended the system of double government by abolishing the Board of Control and Court of Directors. It created a new office, Secretary of State for India having complete authority over Indian Administration. It established 15-member Council of India to assist the secretary of state for India.