Answer :

Yes, the Regulating Act was the first step towards development of Indian Constitution because,


• It defined the rules and regulation to be followed in governing India.


• Its defects led to creation of another Act called Pitts India Act.


• This Act further defined and refined the British Legislation of India.


• Due to Regulating Act, the judicial reforms were undertaken by installing Supreme Court in Calcutta.


• Now, the British control over the Indian economy and the East India Company became firmer.


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