◇ Governor-General of Bengal now made the Governor- General of India and vested in him all civil and military powers. ◇ It deprived the Governor of Bombay and Madras of their legislative powers. ◇ It ended the activities of the East India Company as a commercial body, which became a purely administrative body. ◇ Attempted to introduce a system of open competition for selection of civil servants andstated that the Indians should not be debarred from holding any place, office and employment under the Company.