- The Government of India Act 1858 was enacted in the wake of the Revolt of 1857. It transferred the powers of the East India Company to the British Crown. - Statement A: The Act abolished the system of double government introduced by Pitt's India Act 1784. The Board of Control (which supervised political affairs) and the Court of Directors (which managed commercial affairs) were abolished. All powers were transferred to the Secretary of State for India, who was advised by a Council of India. This statement is correct. - Statement B: The establishment of new legislative councils for Bengal was a provision of the Indian Councils Act 1861, not the Government of India Act 1858. The 1861 Act introduced representative institutions by associating Indians with the law-making process and provided for the establishment of legislative councils in the provinces. This statement is incorrect.