Statement I : The defects of the Regulating Act and the exigencies of British politics necessitated the passing of the Pitt’s India Act. Statement II : The Pitt’s India Act gave the British Government supreme control over the Company’s affairs and its administration in India.

• A

  Both the statements are individually true and Statement II is the correct explanation of Statement I
• B

  Both the statements are individually true but Statement II is not the correct explanation of Statement I
• Correct answer
  C

  Statement I is true but Statement II is false
• D

  Statement I is false but Statement II is true

Hence, the correct answer is option: 'C'.