UPSC Prelims · 2026 · GS Paper I · Q12
The artificially fixed rupee-sterling exchange rate prescribed by the Hilton-Young Commission, 1926, was adopted by the British Government for which one of the following reasons?
- (A)Aiding the flow of remittances from India and maintaining India’s creditworthiness
- (B)Providing support to Indian importers
- (C)Encouraging export of cotton produce from India
- (D)Preventing depreciation of the Rupee in terms of gold
Show answer
Answer: (A) Aiding the flow of remittances from India and maintaining India’s creditworthiness
- Subject
- History, Modern
- Chapter
- British Land Revenue & Economic Impact