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The amount set apart by the East India Company for educational purposes was Rs.?

A. 100,000
B. 15,000
C. 1,400
D. 12,000
Correct Answer: A. 100,000

The Charter Act of 1813 famously allocated one lakh (100,000) rupees annually for the revival and improvement of literature and the encouragement of learned natives, making other amounts incorrect.

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