Significant Events During Rule Of Viceroys

Queen Victoria's Proclamation aimed to appease Indian rulers following the Sepoy Mutiny (Rebellion of 1857). **Statement 1 is correct:** Disclaiming annexation assured them their territories wouldn't be taken over. **Statement 2 is correct:** The proclamation did indeed transfer power from the East India Company to the British Crown by appointing a Viceroy to oversee administration in India and to report to the Queen directly. **Statement 3 is incorrect:** Regulating trade wasn't a primary focus of the proclamation, as the East India Company was free to trade in India under the Free Trade Policy, but without a monopoly.