Question

The Hilton Young Commission is also known as .........................................

• A. Indian Banking Commission
• B. Royal Commission on Indian Currency and Finance
• C. Finance and Monetary Commission
• D. Central Banking Commission

Answer 1

Answer:

B. Royal Commission on Indian Currency and Finance

• The Hilton Young Commission is also known as the Royal Commission on Indian Currency and Finance.

• This commission was established in 1926 under the chairmanship of Edward Hilton Young.

• Its main objectives were:

1. To examine India's monetary policy and financial system

2. To recommend measures for establishing a central bank in India

3. To address issues related to Indian currency and exchange rates