Consider the following statements about 'the Charter Act of 1813' :
1. It ended the trade monopoly of the East India Company in India except for trade in tea and trade with China.
2. It asserted the sovereignty of the British Crown over the Indian territories held by the Company.
3. The revenues of India were now controlled by the British Parliament.
Which of the statements given above are correct?

Correct Option: 1 and 2 only

Statement 1 is correct as the Charter Act of 1813 ended the Company's trade monopoly in India, except for tea and trade with China. Statement 2 is correct because the Act explicitly asserted the undisputed sovereignty of the British Crown over the Indian territories held by the Company. Statement 3 is incorrect because the revenues of India continued to be controlled and administered by the Company in India, subject to the Board of Control's supervision, not directly by the British Parliament.