The Regulating Act of 1773 mainly aimed to:

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1. **Context:** The Regulating Act 1773 was passed to check wrong acts by the East India Company.
2. **Change:** It created a Governor-General and a council and placed the Company under Parliament's control.
3. **Purpose:** The main aim was to strengthen parliamentary control over the Company in India.
4. **Not true:** It did not end Company trade, start local self-government, or promote Indian industries.

FINAL_ANSWER: b

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