Which of the following is incorrect about the 'Regulating Act, 1773'?

1
The presidencies of Bombay and Madras were made subordinate to the Presidency of Calcutta
2
This act provided for establishment of a Supreme Court of Judicature at Calcutta
3
Through this act British Government increased the control over East India Company
4
This act abolished the 'Court of Director' and 'Board of Control'

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